Economy, asked by AaruPak, 8 months ago

What do you mean by Break-even point?

Answers

Answered by chahakpalak1620

Break even point is the quantity of output necessary for a firm to sell in order to cover it's costs of production.

Answered by alvisara41872

Answer:

The breakeven point is the level of production at which the costs of production equal the revenues for a product. In investing, the breakeven point is said to be achieved when the market price of an asset is the same as its original cost.Aug 22, 2020

Explanation:

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