MCQOPTIONS
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| 1. |
What is the degree of operating leverage in the following cases?1. Where profit is Rs. 5,00,000 and total fixed cost is Rs. 4,00,0002. Where 1% increase in output brings in a 3% increase in profit |
| A. | 0.8 and 3 |
| B. | 1.5 and 3 |
| C. | 0.8 and 4 |
| D. | 1.5 and 4 |
| Answer» B. 1.5 and 3 | |