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What is saturation or break even point?
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What is saturation or break even point?
Well just want to add something that the at this situation the firms neither earn any profit nor does it incurs any loss... Thts y we say that it gets only normal profits or in other words the total profit at the break even point is zero..
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What is saturation or break even point?
Break even for a firm occurs when it is able to cover its all costs of production . Accordingly, break- even point is defined as a situation when TR= TC or AR = AC Under this situation, the firm earns only normal profits...Hope u've understood..
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What is saturation or break even point?
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