Edexcel GCSE Business · 1BS0
Specification 1.3.2 · Paper 1
Revise: Revenues, Costs, and ProfitsThe break-even level of output is where total revenue equals total costs. The business makes neither a profit nor a loss.
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GCSE Business · key term
The level of output at which total revenue equals total costs, so the business makes neither a profit nor a loss.
Used by Edexcel
Specification 1.3.2 · Paper 1
Revise: Revenues, Costs, and ProfitsThe break-even level of output is where total revenue equals total costs. The business makes neither a profit nor a loss.
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