The break-even point for a large grain farming operation was calculated to be 2 million bushels of corn. Break-even analysis would take place in which stage of the price-setting process?

The break-even point for a large grain farming operation was calculated to be 2 million bushels of corn. Break-even analysis would take place in which stage of the price-setting process?

The break-even point for a large grain farming operation was calculated to be 2 million bushels of corn. Break-even analysis would take place in which stage of the price-setting process?



A.

identifying pricing constraints and objectives


B.

determining cost, volume, and profit relationships


C.

estimating demand and revenue


D.

select an appropriate (approximate) price level



Answer: B


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