A company is operating most efficiently when it is at

A) the break-even point.
B) the shutdown point.
C) both the break-even and shutdown points.
D) neither the break-even nor the shutdown point.

Break-even Point

The level of production at which total revenues equal total expenses, resulting in no profit or loss.

Shutdown Point

The level of production and price point at which a company's revenue from goods sold is equal to the variable cost of production, making operations financially unsustainable in the short term.