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On an income of $100,000, a company has an operating leverage of 2. Suppose activity drops by 10 percent. What will the new income be?
On an income of $100,000, a company has an operating leverage of 2. Suppose activity drops by 10 percent. What will the new income be?
$90,000 | ||
$80,000 | ||
$50,000 | ||
$0 |
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