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The quantity that equates the cost of making a product to the cost of buying the product is generally called what?

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User Heat
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1 Answer

1 vote

Answer:

INDIFFERENCE POINT

Explanation: Indifference point is the point where the quantity that is produced is equal to the cost of producing the product and the cost of buying the product. It is a financial terminology often used in making financial projections and analysis for a given product, it helps the manufacturer to know his current status and how possible he can make his business profitable, indifference point is widely used in the field of marketing, manufacturing,finance etc.

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User Oddmeter
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