Question: A firm uses financial leverage when it: O raises the price of a product when demand is inelastic. O replaces labor with capital. O

A firm uses financial leverage when it: O raises the price of a product when demand is inelastic. O replaces

A firm uses financial leverage when it: O raises the price of a product when demand is inelastic. O replaces labor with capital. O gets a volume discount from a supplier. O borrows money from a bank to enlarge a factory.

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