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August 11, 2022

HF (1&2)

1. To get a better handle on cost behavior, what are some specific examples of variable, fixed, and mixed (semi-fixed) costs in our own personal lives. Provide a one page explanation.

2. Operating leverage can be risky. When does an organization benefit from having a high degree of operating leverage? When does it lose from having a high degree of operating leverage? Provide a one page explanation.

Please place each question in bold (Question/Answer Format), 1 page per question, APA 7, at least 1 citation each

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