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When a firm's cost structure consists principally of fixed costs,: a. it is said to have a great deal of operating leverage. b. those costs
When a firm's cost structure consists principally of fixed costs,:
a. | it is said to have a great deal of operating leverage. | |
b. | those costs consist of rent, depreciation, direct labor, management salaries, direct materials, and utilities. | |
c. | the firm might be a factory with many people and few machines. | |
d. | All of the above |
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