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Break-even is that dollar amount of sales, or number of units produced and sold, which is the point where total cost (fixed plus variable) equals
Break-even is that dollar amount of sales, or number of units produced and sold, which is the point where total cost (fixed plus variable) equals total revenue.
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
