Answer to Question #177382 in Microeconomics for Blessed

Question

With an aid of a diagram explain start-up rule

Answer 1

$$Solution$$

The startup rule argues that for any startup to remain in operation, it must breakeven, that's the quantity of products or services that a business needs to sell to recover the cost of producing and delivering those products and services and reach at no-profit and no-loss performance. This is shown in the diagram below.