IGBizStudies

Jun 13, 20211 min

Define ‘margin of safety’

Updated: Jul 12, 2021

May/June 2020 Version 13

Read to answer question
 

  1. What is break-even analysis?


 
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Try related past year questions here

  1. What is meant by "break-even"? (2 marks)

  2. What is meant by ‘break-even output’? (2 marks)

  3. Calculate the break-even number of customers for a typical flight. Show your working. (2 marks)
     

     


 

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