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2. What is operating leverage? How, if at all, is it similar to financial leverage? If a firm has high operating leverage would you expect
2. What is operating leverage? How, if at all, is it similar to financial leverage? If a firm has high operating leverage would you expect it to have high or low financial leverage? Explain your reasoning. Please also add to your answer an example of where an HR manager may use operating leverage to his or her advantage.
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