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Monroe Corporation Currently Sells 150,000 Units a Year at a Price

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Monroe Corporation currently sells 150,000 units a year at a price of $4.00 a unit.Its variable costs are approximately 30% of sales,and its fixed costs amount to 50% of revenues at its current output level.Although fixed costs are based on revenues at the current output level,the cost level is fixed.What is Marcus's degree of operating leverage in sales dollars?

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The degree of wealth and material comfort available to a person or community, measured by factors such as income, quality of housing, and access to services.

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The process of increasing the economic productivity and manufacturing capabilities of a nation or region, often through strategic investments and policies.

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