The higher the operational leverage indicator, the higher a. Ratio of total cost over sales of a business entity b. Ratio of fixed costs over total costs of a business entity c. Ration of direct costs over total costs of a business entity d. Ratio of variable costs over total costs of a business entity
The higher the operational leverage indicator, the higher a. Ratio of total cost over sales of a business entity b. Ratio of fixed costs over total costs of a business entity c. Ration of direct costs over total costs of a business entity d. Ratio of variable costs over total costs of a business entity
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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Question
The higher the operational leverage indicator, the higher
a. Ratio of total cost over sales of a business entity
b. Ratio of fixed costs over total costs of a business entity
c. Ration of direct costs over total costs of a business entity
d. Ratio of variable costs over total costs of a business entity
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