The degree of operating leverage is equal to the ____ change in ____ divided by the ____ change in ____

a. percentage; sales; percentage; EBIT
b. unit; sales; unit; EBIT
c. percentage; EBIT; percentage; sales
d. unit; EBIT; unit; sales
e. none of the above

c

Economics

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Figure 7-10


In Figure 7-10, the curve B is

a.
average fixed cost.

b.
average total cost.

c.
average variable cost.

d.
marginal cost.

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Logrolling can either increase or diminish economic efficiency.

Indicate whether the statement is true or false.

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