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Abe is involved in an automobile accident and is injured.While he is unconscious,the police call an ambulance which takes him to a hospital.Abe is treated at the hospital and released a day later.The hospital sends him a bill for $2,400,which Abe refuses to pay,claiming it is too high and he never consented to the treatment because he was unconscious.Abe:
Break-Even Point
The level of sales at which total revenues equal total expenses, resulting in no profit or loss for the business.
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