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Social Sciences

Business, step by step

Work through break-even analysis, financial ratios, marketing frameworks and case studies with structured, practical explanations.

Coverage

Topics we cover

  • Accounting basics
  • Financial ratios
  • Break-even analysis
  • Marketing mix
  • Business strategy
  • Case study analysis

Worked example

BusinessSolved

Question

Fixed costs are €5,000, the price is €25 and the variable cost is €15 per unit. Find the break-even point.

  1. Step 1: Contribution per unit = price − variable cost = €10
  2. Step 2: Break-even = fixed costs ÷ contribution per unit
  3. Step 3: €5,000 ÷ €10
Answer: 500 units

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