(a)[2]
Define what is meant by ‘margin of safety’.
(b)[3]
Briefly explain two limitations of break-even analysis.
Business 9609 · AS & A Level · Costs
Costs — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “The extent to which sales are above the break-even level of output” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI