Maharashtra State BoardHSC Commerce 12th Board Exam
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Write Short Note On: Break-even Point - Economics

Short Note

Write Short note on:

Break-even Point

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Solution

Breakeven point is a point where consumption exactly equals income and correspondingly, savings are zero. Graphically, it is represented by the intersection of the  income line or the 45 degrees line and the consumption curve. Algebraically, breakeven is achieved when Y = C

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Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 10 Determinants of Aggregates
Exercise | Q 2.3 | Page 94
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