Examlex
List the three properties of demand functions.
Operating Leverage
A financial ratio that measures the proportion of fixed costs in a company's cost structure, indicating how a change in sales will affect its operating income.
Net Operating Income
The income produced through a firm's principal commercial activities, not including the subtractions for interest and taxes.
Sales Volume
The total quantity of goods or services sold by a company in a specific period.
Least-Squares Regression
A statistical approach that finds the optimal fitting line by reducing the sum of the squares of the discrepancies between the actual and forecasted values.
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