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A firm with $800,000 of fixed costs including $200,000 of depreciation is expected to produce $225,000 in profits. What is its DOL? a. 3.56 b.
A firm with $800,000 of fixed costs including $200,000 of depreciation is expected to produce $225,000 in profits. What is its DOL?
a. 3.56
b. 3.67
c. 4.56
d. 4.67
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