Assertion (A): Break-even output always produces a positive profit. Reason (R): At break-even, total revenue equals total cost.

For the following practice assertion–reason questions, choose: (A) Both A and R are true, and R correctly explains A. (B) Both are true, but R does not correctly explain A. (C) A is true, but R is false. (D) A is false, but R is true.

Answer – (D) The assertion is false; profit is zero at break-even.