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I am Lyosha [343]
3 years ago
8

What does break-even mean in Maths Lit​

Mathematics
2 answers:
hoa [83]3 years ago
5 0

Answer:

The break-even point is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even"

Step-by-step explanation:

for example you want to run a hat business and it costs 10 dollars to produce each hat and a set price of 5000 dollars for the shop. and you sell each hat for 20 dollars.  You would need to sell x number of hats in order to make what you spent. thats what break-even is. So basically you made back everything you spent and can bein to profit if that makes sense.

Readme [11.4K]3 years ago
4 0

Answer:

Break-even point is where the business is at an activity level (doing business) at which total cost = total sales, i.e. you have made enough income to cover the costs.

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<u>Given</u>:

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The y - intercept in the graph is the point in the line that crosses the y - axis.

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3 years ago
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