Break-even pricing will determine the price that will cover total fixed and variable costs and generate a reasonable profit.

Name: Break-even pricing will determine the price that will cover total fixed and variable costs and generate a reasonable profit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Break-even pricing determines the price that will cover total fixed and variable costs, but it does not include generating a profit. It is the point where total revenue equals total costs, resulting in zero profit.

Break-Even Pricing Will Determine the Price That Will Cover Total