BREAK-EVEN EQUATION Definition

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BREAK-EVEN EQUATION is the equation that determines BREAK-EVEN POINT. Let p = unit selling price, v = unit variable cost, FC = total fixed costs, x = sales in units. The equation: px = vx + FC.

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TIME LAG see LAG TIME.

OASDI is Old-Age, Survivors, and Disability Insurance (US Social Security).

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