Break-even time may be defined as:
A) the time from commencement of production of a new product to the point where sufficient profit has been generated to repay the original investment.
B) the time from the original concept to the point where sufficient profit has been generated to repay the original investment.
C) the time from the first delivery to a customer of a new product to the point where sufficient profit has been generated to repay the original investment.
D) None of the given answers
Correct Answer:
Verified
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