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Which of the following is a definition of break-even point? a) The difference between the selling price of a product and the variable costs incurred

Which of the following is a definition of break-even point?

a)The difference between the selling price of a product and the variable costs incurred in producing that product

b)The fixed plus variable costs of the business

c)The situation where neither a profit or a loss is made

d)The situation where a profit is made

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