What is Break Even Economics
The point at which total costs and total revenues are equal, or "even," is referred to as the break-even point (BEP) in the fields of economics, business, and cost accounting. It is possible to say that one has "broken even" because there is neither a net loss nor a gain, despite the fact that opportunity costs have been paid and capital has received the risk-adjusted, projected return. As a result, there is neither a profit nor a loss, and all of the costs that are required to be paid have been paid. Karl Bucher and Johann Friedrich Scher are the ones that came up with the development of the break-even analysis.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Break-even (economics)
Chapter 2: Monopoly
Chapter 3: Perfect competition
Chapter 4: Cost accounting
Chapter 5: Profit maximization
Chapter 6: Cost-plus pricing
Chapter 7: Marginal cost
Chapter 8: Variable cost
Chapter 9: Operating leverage
Chapter 10: Cournot competition
Chapter 11: Gross margin
Chapter 12: Contribution margin
Chapter 13: Cost curve
Chapter 14: Total cost
Chapter 15: Pricing strategies
Chapter 16: Average variable cost
Chapter 17: Cost-volume-profit analysis
Chapter 18: Shutdown (economics)
Chapter 19: Cigar Box method
Chapter 20: Profit-based sales targets
Chapter 21: Profit model
(II) Answering the public top questions about break even economics.
(III) Real world examples for the usage of break even economics in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Break Even Economics.