One Potential Benefit of High Operating Leverage Is That It

question 107

True/False

One potential benefit of high operating leverage is that it can reduce the average cost per unit at high levels of output,thus generating a competitive cost advantage.

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Definitions:

Interact

The act of communicating or engaging in actions with others, leading to a response or exchange of information.

Coordinate

To organize the different parts of an activity or group efficiently.

Evaluation Apprehension

A psychological concern that people have when they believe their performance is being evaluated by others, which can affect their behavior or performance.

Meetings

Gatherings of people, typically involving discussion, to convey information, make decisions, or solve problems.