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in Entrepreneurship by (77.4k points)

Why is Break-even analysis regarded as a useful element of financial plan? 

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Break-even analysis is useful for the entrepreneur as it helps in assessing: 

  • The minimum level of output to be produced. 
  • The effect of change in quantity of output upon the profits. 
  • The selling price of the product. 
  • The profitable options in line of production.

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