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Business, 18.02.2021 23:30 laylay120

Penmakers Inc. is producing 500,000 pens per annum and the pens are sold at $10 each. Fixed costs are $1 million, not including interest payments of $1.5 million. Variable costs are $3 per pen. The degree of operating leverage of Penmakers Inc. is closest to:

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Penmakers Inc. is producing 500,000 pens per annum and the pens are sold at $10 each. Fixed costs ar...

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