Category: Education
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Hello everyone, welcome to singhvi family. Hope you are in the best of health and spirit. In today’s blog we will understand what exactly is economics, what is economics study about and what is economic analysis?. Good news is you don’t need to study, it is a mere application of practical circumstances appearing in our…
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The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one has “broken even,” though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit…