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Gerhard Explains the Concept of Break-Even Analysis to His Father

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Gerhard explains the concept of break-even analysis to his father who owns a daycare center and needs to decide how many children he needs to take in.Gerhard's father grimaces,saying,that break-even analysis is too simplistic and won't work for him.What specific limitations associated with break-even analysis will Gerhard's father probably point out?

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First,even in a relatively simple busine...

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