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Equity Valuation and Analysis w/eVal. Chapter C16, Problem 6PA.Forecasting for the Love Boat: Royal Caribbean Cruises in 2010 Does a dollar of revenue increase bring

Equity Valuation and Analysis w/eVal. Chapter C16, Problem 6PA.Forecasting for the Love Boat: Royal Caribbean Cruises in 2010 Does a dollar of revenue increase bring about a constant increase in expenses for Royal Caribbean, or do they enjoy economies of scale? Estimate any economies of scale that might be present?

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