The number of units of a product that must be sold for total revenue to equal total costs is called the _______.

Name: The number of units of a product that must be sold for total revenue to equal total costs is called the _______.
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Question

Quizplus · Accepted Answer

The break-even point is the point where total revenue equals total costs, meaning that no profit or loss is being made. It is important for businesses to know their break-even point in order to make important pricing and production decisions.

The Number of Units of a Product That Must Be