What is break-even analysis and why is it an important


What is break-even analysis and why is it an important element in the discussion of operating leverage? In your response include a discussion on the break-even point.

Compare fixed and variable costs and explain the significance of the difference in making financial decisions. What does contribution margin (CM) mean?

MInimum 500 words

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Business Economics: What is break-even analysis and why is it an important
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