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Explain break-even analysis (what is the break-even point for a business). How important is break-even analysis for businesses today in light of the COVID-19 pandemic.
Explain break-even analysis (what is the break-even point for a business). How important is break-even analysis for businesses today in light of the COVID-19 pandemic. For businesses that are not breaking even, what options do they face in today's economic climate. Provide at least two options and be sure to back it up with specific economic justification.
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