Using Excel, what method other than the algebraic one can be used to find the breakeven quantity?
A) Goal Seek
B) Find
C) Search
D) Break Even
E) Steepest Ascent

Question

Quizplus · Accepted Answer

Goal Seek is a tool in Excel that can be used to find the breakeven quantity without using algebraic calculations. It works by changing a specific input value (such as the quantity sold) until the desired output value (such as the total revenue equaling total costs) is achieved. This method is useful when the equation for breakeven quantity is complex or difficult to solve algebraically.

Using Excel, What Method Other Than the Algebraic One Can