Breakeven analysis is only useful for determining the worst-case scenario. It cannot help with pricing for profit.

Name: Breakeven analysis is only useful for determining the worst-case scenario. It cannot help with pricing for profit.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

Breakeven analysis helps determine the point at which total costs and total revenue are equal, which is useful for pricing strategies to ensure profitability, not just for worst-case scenarios.

Breakeven Analysis Is Only Useful for Determining the Worst-Case Scenario