Operating Leverage Is the Use of Fixed Costs to Magnify

question 64

True/False

Operating Leverage is the use of fixed costs to magnify returns at high levels of operation.

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Definitions:

Predicate

In logic, the part of a proposition or sentence that asserts something about the subject, often describing an action, state, or quality.

Proposition

A statement or assertion that expresses a judgment or opinion which can be true or false.

Verb

A word that describes an action, occurrence, or state of being.

Passive

A grammatical voice that emphasizes the action being performed upon the subject rather than by the subject.