Discussion Questions 1. What is break-even and why would it be important to a bosiness owner? 2. Total costs = 3. Discuss the difference between fixed costs and variable costs: 4. What is break-even volume? 5. Breakeven volume is also known as 6. How are break-even volume and break-iven amount similar? 7. How are break-even wolume and beeak-even amount different? 8. If a retaller has a large number of SkU's at a variety of price points, are they more likely to use breakeven arnount or break-even volume to measure break-even? 9. Describe the searce relources faced by a buviness owner. 10. What is the point of a cost-benefit analysis and what are thee tools that can be used to perform it