Examlex
The "efficiency of the payments mechanism" refers to
Break-even Point
The production level or sales volume at which total revenues equal total expenses, resulting in no net profit or loss.
Break-even Point
The level of production or sales at which the revenues of a business equal its costs, resulting in neither profit nor loss.
Total Contribution Margin
This refers to the total amount of revenue left over after deducting all variable costs, indicating the total contribution towards covering fixed costs and generating profit.
Break-even Point
The point at which total revenue equals total costs, resulting in no profit or loss for the business.
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