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

Indicate whether the statement is true or false.

Marked as best answer by LeilanGirl

  • PhD Member
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Answer: FALSE
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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Please could you help me with another one. Thank you



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