Examlex
Kent has gathered data concerning people's preferences for traditional breakfast foods.He has learned that 30 percent of the population prefer eggs in the morning,50 percent of the population prefer something sweet for breakfast like a doughnut,and an overwhelming 86 percent prefer food that they can eat while they drive to work.What method of analyzing the data has Kent used?
Break-even
The point at which total costs and total revenue are equal, resulting in no net loss or gain, and where the business covers all its costs with its sales revenue.
Monthly Dollar Sales
The total value of sales measured in dollars that a business achieves in one month.
Break-even Point
A situation where the total earnings are equivalent to the total costs, therefore no profit or loss is made.
Sales Dollars
The total revenue generated from the sale of goods or services, measured in dollars.
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