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What will the profits be if sales turn out to be million

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Reference no: EM132503613

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

Question 1: What will the profits be if sales turn out to be 1.5 million?

Question 2: What will the profits be if sales turn out to be 4.5 million?

Reference no: EM132503613

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