BEP is a situation where TR equal TC.
Select one:
True
False
Answers
Explanation:
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Answer:
Yes True
Explanation:
.
The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return
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