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Which of the following displays these two characteristics: rivalry and nonexcludability?
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the degree to which a company can leverage fixed costs.
Capital Intensive
Refers to industries or businesses that require large amounts of money to buy, maintain, or improve their assets such as property, plants, and equipment.
Variable Costs
Costs associated with a business that fluctuate according to operational levels.
Operating Leverage
The degree to which a firm or project can increase operating income by increasing revenue, highlighting the effects of fixed costs.
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