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You estimate that your cattle farm will generate $.10 million of profits on sales of $2 million under normal economic conditions and that the degree

You estimate that your cattle farm will generate $.10 million of profits on sales of $2 million under normal economic conditions and that the degree of operating leverage is 4. (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place.) a. What will profits be if sales turn out to be $1.5 million? Profit will______ to $_______ million. b. What if they are $2.5 million? Profit will to_______ $ ________ million.

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