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From course:

GCSE Business 2020-2022 OCR

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Question:

Why is the Break Even Point Important?

Author: eric_galvao



Answer:

-If a Business reaches this Point then it can make a Profit -Risk of Losses is Linked with Break-Even Output -Lower Break even Point means Lower Risk for the Business -Going above the Break-Even Point can give the Business a Chance to Obtain Finance through Retained Profits


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