Ranger Corporation is currently selling widgets for $$40$ at a cost of $$20$ per unit. Fixed costs...

Ranger Corporation is currently selling widgets for $$40$ at a cost of $$20$ per unit. Fixed costs are currently $$500$ and the current production is $100$ widgets. What is the Degree of Operating Leverage at

this output level?

Multiple Choice

$\mathrm{.}5$

$\mathrm{.}75$

$1\mathrm{.}0$

$1\mathrm{.}25$

$1\mathrm{.}5$