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Fill in the word of phrase that best completes the following statement: a. operating leverage is more risky than operating leverage. c. electric

Fill in the word of phrase that best completes the following statement:

a. ____ operating leverage is more risky than ____ operating leverage.

c. electric power utilities can tolerate high operating leverage along with high debt leverage because their revenus are _____ .

d. Former expenditures that can not be recouped are considered _____ cost.

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