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Uncle Gerhard: Runs a childcare centre and needs to decide how many children he needs to care for to grow his business. He is considering
Uncle Gerhard: Runs a childcare centre and needs to decide how many children he needs to care for to grow his business. He is considering the 'break-even' analysis approach but thinks it might be a bit too simplistic and won't work for him. Please explain to him what specific limitations are associated with break-even analysis.
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