Multiple Choice
The Lincoln Mint produces various types of one ounce silver commemorative medals for sale to collectors.The cost of producing and selling a given medal is as follows:
Fixed costs:
Projected selling price: $ 14.00
What is the degree of operating leverage at an output level of 15,000 units?
A) 0.0
B) 1.0
C) 3.0
D) cannot be determined from the information provided
Correct Answer:
Verified
Correct Answer:
Verified
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