BREAK EVEN POINT - Explained for beginners!
A company that sells products has two phases. The first is when you trade to recover costs (reduce losses), and the second is when you trade to accumulate profits. Between these two phases, there is the equilibrium phase, in which the company recovers its costs but still does not generate profits. That is, when sales revenues add up to the same amount as total costs. But how do we know how much to sell to get to that point?
That is what you will learn in this video, in the simplest way.
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