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A Low Operating Leverage Is Normal for Highly Automated Industries

question 182

True/False

A low operating leverage is normal for highly automated industries.


Definitions:

Conspicuous Consumption

The spending of money on and the acquisition of luxury goods and services to publicly display economic power and social status.

Conspicuous Waste

The act of buying products not for their intrinsic value or utility but to flaunt wealth and status by their mere possession or waste.

Consumer Behaviour

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas.

Japan

An island country located in East Asia, known for its rich culture, technological advances, and historical heritage.

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