The key factors to consider when determining the break-even point of a business include fixed costs, variable costs, and the selling price of the product or service. Fixed costs are expenses that do not change regardless of the level of production or sales, such as rent or salaries. Variable costs change with the level of production or sales, such as raw materials or direct labor costs. The selling price of the product or service is also crucial as it determines the revenue per unit sold. The break-even point is reached when total revenue equals total costs.
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