Question: Let's assume, instead, that the roommate thing doesn't work out. Gary now wants to consider other ways to increase his profit in this business. (

Let's assume, instead, that the roommate thing doesn't work out. Gary now wants to consider other ways to increase his profit in this business.
(c1) If he increases his selling price by 20% and maintains the same volume of four units per month, does it affect his DOL? (Round answer to 2 decimal places, e.g.15.25.)
Effect on DOL
(c2) If so, what does this changed DOL mean for Gary?
Operating income
ev by a change in sales.

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