Discuss some of the practical applications of the Breakeven Analysis concept for an entrepreneur planning to...

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Discuss some of the practical applications of the BreakevenAnalysis concept for an entrepreneur planning to start a retailstore concept for an entrepreneur planning to start a retailstore.

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For a retail store there will be two kinds of costs 1 Fixed costs these costs are fixed and incurred irrespective of the sale For example land or rental of retail shop maintenance utilities expenses    See Answer
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