What is meant by the term break-even point? The break-even point is the level of output where total revenue equals total costs. - Edexcel - GCSE Business - Question 6 - 2018 - Paper 1

The break-even point refers to the specific level of output at which a company's total revenues are equal to its total costs. At this point, the business does not make a profit or incur a loss. It often serves as a crucial benchmark for understanding the minimum performance required to avoid losses and is vital for guiding financial decisions within the Cornish Cheese Company, particularly in determining production levels for profitability.