Respuesta :
The perfectly competitive firm in the market is producing 200 units of the goods for $5. The total revenue is 1000, and the total cost is also 1000. If the firm shuts down, it will lose 00 dollars because the firm here is at the break-even level.
Break-even is the point at which revenue and total costs are equal, i.e., the company is neither earning a profit nor a loss. A company can find out how many products it needs to sell to break even from its output by using the break-even level (BEP).
Utilize the formula below to determine the break-even point in units: The method for calculating the break-even point in sales dollars is the Break-Even point (sales dollars) = Fixed Costs Contribution Margin. Break-Even Point (units) = Fixed Costs (Sales price per unit - Variable costs per unit).
To learn more about the break-even level, the given link:
https://brainly.com/question/13770712
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