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break-even point

(n.) the level of output at which all costs are equal to revenue. There is niether profit nor a loss.

We make 500 cars a day and sell them for £10,000 each. The cost of making 500 cars in one day is £500,000 so we make no profit and no loss.

by Kung-Fu Jesus May 3, 2004

10👍 7👎