Business risk is usually defined in terms of variations of return (or profit) to a firm due
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Business risk is usually defined in terms of variations of return (or profit) to a firm due to changes in activity resulting from changes in general economic activity. Can the degree of operating leverage therefore be described as a measure of business risk? Why?
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Related Book For 
Managerial Economics Economic Tools For Today's Decision Makers
ISBN: 9780131860155
7th Global Edition
Authors: Paul G Keat, Philip K Y Young
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