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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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