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Business, 20.09.2019 06:00 avavackity

Atech has fixed costs of $7 million and profits of $4 million. its competitor, ztech, is roughly the same size and this year earned the same profits, $4 million. but it operates with higher fixed costs of $8 million and lower variable costs. a. what is the degree of operating leverage (dol) for each company? (defined here as 1 + fixed costs/profit.) (do not round intermediate calculations. round your answers to 2 decimal places.)

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