Question

question 10 (1 point)
the ______ is the level of operation at which a business neither earns a profit nor incurs a loss.
contribution margin
breakeven point
operating profit

question 11 (1 point)
breakeven analysis shows entrepreneurs minimum level of ______ required to stay in business.
activity
profit
fund

question 12 (1 point)
in the breakeven calculation, an entrepreneur can also determine the sales volume required to reach a particular ______ target.
order
profit
cost

Explanation:

Question 10: This defines the core concept where total revenue equals total costs, with no profit or loss.
Question 11: Breakeven analysis focuses on the minimum sales/activity level needed to cover costs and stay operational.
Question 12: Extended breakeven analysis calculates the sales volume needed to hit a desired profit goal.

Answer:

Question 10: Breakeven point
Question 11: Activity
Question 12: Profit