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A firm with high operating leverage has

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Assertion (A): Utility will be maximized when the marginal units of expenditure in each direction bring the same increment of utility. Reason (R): A consumer will try to maximize his utility. . . . . . . . . costing is a type or technique of costing. If one perfectly competitive firm increases its level of output, market supply A project whose cash flows are more than capital invested for rate of return then net present value will be Match the following. List-I List-II a. Substitute goods 1. Negative cross elasticity b. Complementary goods 2. Low price elasticity c. Giffen goods 3. Positive cross elasticity d. High income group, consumption goods 4. Positive price elasticity