AQA GCSE Business · 8132
Paper 2
Revise: Financial Terms and Break-even AnalysisBreak-even output is the output level at which total revenue equals total costs. All costs are covered, but there is 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 AQA
Paper 2
Revise: Financial Terms and Break-even AnalysisBreak-even output is the output level at which total revenue equals total costs. All costs are covered, but there is neither a profit nor a loss.
Read the axis scales carefully. Break-even output and margin of safety are measured in units of output, whereas revenue, costs and profit are measured in money.
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