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Explain The Meaning Of Break Even Point? |
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Answer» The break-even POINT is the point or state of a BUSINESS at which there is neither a profit nor a LOSS. In other WORDS, it is at this point where the contribution is equal to fixed EXPENSES. The break-even point is the point or state of a business at which there is neither a profit nor a loss. In other words, it is at this point where the contribution is equal to fixed expenses. |
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