Answer to Question #294676 in Macroeconomics for Nalyn

Question #294676

Discuss how a break-even point is determined or calculated.


1
Expert's answer
2022-02-08T17:06:52-0500

The breakeven point is calculated by dividing the fixed costs of production by the price per unit minus the variable costs of production. The breakeven point is the level of production at which the costs of production equal the revenues for a product.


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