Asked by
Xuanting Zhang
on Nov 20, 2024
Verified
At the break-even point, companies finally recognize a profit.
Break-Even Point
The point at which the number of units sold generates just enough revenue to equal the total costs; at this point, profits are zero.
Profit
The financial gain realized when the amount of revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
- Grasp the relationship between pricing strategies and profit objectives.
Verified Answer
AB
Learning Objectives
- Grasp the relationship between pricing strategies and profit objectives.