Profit Equation Components
Identify each of the following profit t equation components on the graph that follows:
a. The total cost line.
b. The total revenue line.
c. The total variable costs area.
d. Variable cost per unit.
e. The fixed costs area.
f. The break-even point.
g. The profit t area (range of volumes leading to profit t).
h. The loss area (range of volumes leading to loss).