Question: A typical firm that has high operating leverage is characterized by __________ while a typical firm with high financial leverage is characterized by __________. by
A typical firm that has high operating leverage is characterized by __________ while a typical firm with high financial leverage is characterized by __________. by __________ while a typical firm with high financial leverage is characterized by __________.
A. low fixed cost of production; low fixed financial costs B. high variable cost of production; high variable financial costs C. high fixed costs of production; high fixed financial costs D. low costs of production; high fixed financial costs E. high fixed costs of production; low variable financial costs
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