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  3. Study Set
    Managerial Economics in a Global Economy
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    Exam 8: Cost Theory and Estimation
  5. Question
    The Degree of Operating Leverage Is Equal to the Ratio
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The Degree of Operating Leverage Is Equal to the Ratio

Question 49

Question 49

True/False

The degree of operating leverage is equal to the ratio of the firm's total fixed cost to total variable cost.

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