Question

4. What is the impact of reforms on
exports? In which areas is India
doing well?​

Answer 1

Answer:

The degree of operating leverage (DOL) is a multiple that measures how much the operating income of a company will change in response to a change in sales. Companies with a large proportion of fixed costs (or costs that don't change with production) to variable costs (costs that change with production volume) have higher levels of operating leverage.