What Is the Degree of Operating Leverage for July

question 37

Multiple Choice

What is the degree of operating leverage for July?

• A) The same as that for June.
• B) Higher than that for June.
• C) Lower than that for June.
• D) Not determinable.June CM = 8,000 * 10.30 = 82,400 DOL = 82,400/(82,400 - 80,000)= 34.33.

---

Definitions:

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

Legal-Political Conditions

The framework of laws and political circumstances that influence how businesses and organizations operate within a society.

Political Party

An organized group of people with similar political aims and opinions, that seeks to influence public policy by getting its candidates elected.

Governmental Regulations

Laws and rules established by government agencies that dictate business practices, standards, and behaviors.