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Choose the correct term: For a given level of output,DOL (increases/decreases/remains constant) as the size of the increase in Q increases. When the base level
Choose the correct term:
For a given level of output,DOL (increases/decreases/remains constant) as the size of the increase in Q increases. When the base level of Q increases, the DOL (increases/decreases/remains constant). A capital-intensive production process has a (higher/lower) DOl than a less capital-intensive process, so that the OCF and NPV increase (more/less) rapidly with an increase in sales; if sales are below the forecasted level, then the NPV decreases (more/less) rapidly for the capital-intensive process.
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