Break-even analysis is used to estimate how many units of products must be sold in order for the firm to have a reasonable profit.

Name: Break-even analysis is used to estimate how many units of products must be sold in order for the firm to have a reasonable profit.
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Question

Quizplus · Accepted Answer

Break-even analysis is used to determine the point at which total revenue equals total costs, resulting in neither a profit nor a loss. It does not estimate a reasonable profit.

Break-Even Analysis Is Used to Estimate How Many Units of Products