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A firm has the following cost and revenue functions: TR = PQ = $4Q TC FC + VC = $5,000+ $3Q If the level of
A firm has the following cost and revenue functions: TR = PQ = $4Q TC FC + VC = $5,000+ $3Q If the level of output is 10,000 units, the degree of operating leverage is: O 3 04 02 2.5 O 3.5
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