What is the term for the sale price of a product that covers all expenses related to its development, production, promotion, storage, and transport?

The correct term for the sale price of a product that covers all expenses related to its development, production, promotion, storage, and transport is known as the Break Even Point. This concept refers specifically to the level of sales at which total revenues equal total costs, meaning there is no profit or loss incurred.

At the Break Even Point, the revenue generated from selling the product covers all associated costs, including fixed costs (such as salaries and rent) and variable costs (like materials and production expenses). Understanding this concept is crucial for businesses as it helps them determine the minimum sales needed to avoid incurring losses.

Other terms provided, while relevant in a business context, do not define this specific situation. For instance, Market Price typically refers to the price at which goods are sold in the marketplace and may not necessarily cover all costs. Net Profit is the amount left after all expenses have been deducted from revenues, indicating profitability but not necessarily covering costs alone. Gross Margin refers to the difference between sales revenue and cost of goods sold, expressed as a percentage, highlighting profitability per unit but not the total coverage of all expenses.