a$.$ Compute the operating leverage factor when Ocean Cruiseline sells $10,000$ dinner cruises.

b$.$ If volume increases by $14\%,$ by what percentage will operating income increase?

c$.$ If volume decreases by $9\%,$ by what percentage will operating income decrease?

a$.$ Compute the operating leverage factor when Ocean Cruiseline sells $10,000$ dinner cruises.

First identify the formula, and then compute the operating leverage factor. $($Round your answer to two decimal places, X$.$XX$.)$

$1$

$1$

$=$ Operating leverage factor $=$

$=1=1$

$$

b$.$ If volume increases by $14\%,$ by what percentage will operating income increase? $($Round your answer to two decimal places, X$.$XX$.)$

If volume increases by $14\%,$ the percentage that operating income will increase is $\%.$

$q,$

c$.$ If volume decreases by $9\%,$ by what percentage will operating income decrease? $($Round your answer to two decimal places, X$.$XX$.)$

If volume decreases by $9\%,$ the percentage that operating income will decrease is $q,\%.$