You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2.

a.What will profits be if sales turn out to be $1.5 million?(Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter your answers in millions.)

Profit will decrease to $0 million.

b.What will profits be if sales turn out to be $4.5 million?(Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place.)

Profit will increase to ____________ million.