Examlex
Which of the following is NOT a change created by industrialization?
Break-even Point
The point at which total revenues equal total costs, and the business makes neither a profit nor a loss.
Margin Of Safety
The difference between actual or expected sales and the break-even point, indicating the amount by which sales can drop before losses begin.
Volume Of Sales
The total quantity of goods or services sold by a company within a specific period.
Break-even Point
The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.
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