Break-even level of output
What Break-even level of output means in Business GCSE, as defined for AQA, Pearson Edexcel.
Definitions of Break-even level of output
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Reference: AQA
The level of output where the total revenue line crosses the total cost line, and at this point profit is zero.
The level of output where total revenue exactly equals total costs, resulting in neither profit nor loss.
The level of output where total revenue equals total costs, meaning neither profit nor loss is made.
Topics that use Break-even level of output
- Financial terms and calculations (AQA GCSE)
- Business revenues, costs and profits (Pearson Edexcel GCSE)
Related terms
- Margin of safety
- Profit and loss
- Revenue
- Total costs
- Average annual profit
- Average rate of return
- Average Rate of Return (ARR)
- Break-even
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