Which of the following accurately describes break-even analysis?
A. the process of calculating how many units of product must be sold to cover fixed costs
B. the process of calculating the difference between marginal revenue and marginal cost
C. the process of calculating the point at which fixed costs and variable costs are equal
D. the process of calculating the percentage change in quantity demanded in response to a percentage change in price
E. the process of calculating the sales volume needed to achieve a profit of zero
Answer: E
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