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Doctors Medicines MCQs Q&A

  1. Short run analysis
  2. Long run analysis
  3. Average of above two run analysis
  4. There is no such criterion
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1 Answers

Answer: Option 1

Break-even analysis is a technique widely used by production management and management accountants. . Total variable and fixed costs are compared with sales revenue in order to determine the level of sales volume, sales value or production at which the business makes neither a profit nor a loss

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