Social Studies, 21.02.2021 23:30 aris35
Mr. Salinas's Pipe Rolling Plant in Baytown has been operating successfully for 6 months, with his workforce fully employed turning out drill pipe and pipe
for the refineries, and his massive machines starting to work up to full capacity. At last, he has reached the point in his business where his investment
costs are being met by the profits he is making in his business. What would we call this point in his business in economic terms?
Profit Maximizing Point
Break Even Point
Marginal Revenue Point
Answers: 3
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Mr. Salinas's Pipe Rolling Plant in Baytown has been operating successfully for 6 months, with his w...
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