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4 Question 13 (1 point) Suppose your firm can sell its product for $15 per unit and that your AVC is a constant $10. Furthermore,
4 Question 13 (1 point)
Suppose your firm can sell its product for $15 per unit and that your AVC is a constant $10. Furthermore, your total fixed costs total $200. Assuming you are hitting your profit target, what is your firm's degree of operating leverage?
Question 13 options:
.5 | |
1.5 | |
2.5 | |
3.0 |
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