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Company XYZ produces cellular phones brand GREENBERRY, at an annual rate of 500,000 units. Its total fixed costs are $6 million per year, and at is current rate of output, its total variable costs for the year will be 80 million. The price of the GREENBERRY is $450. What is the degree of operating leverage for the GREENBERRY?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M948022

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