Solve the Equation $\frac { x } { 7 } - 2 = \frac { x } { 7 }$

question 153

Multiple Choice

Solve the equation.
- $\frac { x } { 7 } - 2 = \frac { x } { 7 }$

• A) 7
• B) no solution
• C) all real numbers
• D) 0

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Definitions:

Operating Leverage

The degree to which a firm or project can increase operating income by increasing revenue, reflecting the proportion of fixed costs to variable costs.

Financial Leverage

The use of borrowed funds to increase the potential return of an investment, which can also increase the risk of loss.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Average Cost

A method of inventory costing, or determining an investment's cost, by taking the total cost of items and dividing it by the total number of items.