Break-even charts
Break-even charts
Glossary of business
Definition of break-even charts
A break-even diagram is a diagram showing the total revenue and the total cost curves for a business. The break-even level of output is shown where the total revenue curve and the total cost curve cross. In other words where the firm is making neither a profit nor a loss. Below the break-even level of output the firm will be making a loss and above it revenue will be greater than costs and they will be making a profit.
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Terminology about business
Job world
Definition and meaning of break-even charts
Meaning of break-even charts
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