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What concept explains, at least in part, how Netflix's net income could rise by 211 percent when its revenue rose only 72 percent? Does the
What concept explains, at least in part, how Netflix's net income could rise by 211 percent when its revenue rose only 72 percent? Does the concept identified in Requirement a result from fixed costs or variable costs? will need to use some creative thought for this, as the material in the chapter does not show an exact demonstration, but the concepts involved should be familiar
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