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QUESTION 2 There are two toy companies (Hank and Clare) that make wooden toys. Assumed the toys cost $1 each Clare has total forced costs

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QUESTION 2 There are two toy companies (Hank and Clare) that make wooden toys. Assumed the toys cost $1 each Clare has total forced costs of $240,000 and variable costs of 75 per toy. Hank has total foxed costs of $500,000 and variable costs of 50 per toy In a growing economy, each firm will sell 1,200,000 toys. If the economy enters a recession, each firm will sell 100,000 less toys. The corporate tax rate is 40% Calculate Hank's degree of operating leverage TTT A 3 (20) - T E . . . Words Pachup

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