Question: When a firm has foxed operating costs, operating leverage is present. In that case, an increase in sales results in a more - thanproportional increase

When a firm has foxed operating costs, operating leverage is present. In that case, an increase in sales results in a more-thanproportional increase in EBIT, and a decrease in sales results in a more-than-proportional decrease in EBIT.
True
False
When a firm has foxed operating costs, operating

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