Utilitarianism postulates doing the greatest good for the greatest number of people

If Johnny made an oral contract with Peter to sell Peter his truck for $15,000, Johnny's eventual refusal to sell the truck is considered breach of contract

Indicate whether the statement is true or false

Chevre Imported Cheese Inc. forecasts that if sales revenue for next year is $1,250,000, net operating income will be $100,000 and if sales revenue is $1,000,000, net operating income will be $80,000. Chevre's degree of operating leverage is

A) 2. B) 10. C) .5. D) 1.