Business Studies, asked by shravanthigaddam2, 11 months ago

explain the term Break even
point​

Answers

Answered by meghatripathi077
2

Answer:

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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