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On an income of $100,000, a company has an operating leverage of 1.5. Suppose activity drops by 10 percent. What will the new income be?

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On an income of $100,000, a company has an operating leverage of 1.5. Suppose activity drops by 10 percent. What will the new income be? Operating leverage is taken here to be the way we re-defined it, not the definition in the text. O $80,000 O $85,000 $90,000 O $60,000

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