The breakeven point is the price at which a company earns the maximum profits.

Indicate whether the statement is true or false.

Indicate whether the statement is true or false.

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- PhD Member

Indicate whether the statement is true or false.

Marked as best answer by Leilan Girl

- PhD Member

Explanation: The breakeven point is the number of units that must be sold at a given price so that total revenues exactly cover the sum of fixed and variable costs. The profit at the breakeven point will therefore equal zero.

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