question archive 1)What information does the degree of operating leverage provide to management of a firm? 2) How do we define cost elasticity? Is there any relationship between cost elasticity and economies of scale? Show and explain why

1)What information does the degree of operating leverage provide to management of a firm? 2) How do we define cost elasticity? Is there any relationship between cost elasticity and economies of scale? Show and explain why

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1)What information does the degree of operating leverage provide to management of a firm?

2) How do we define cost elasticity? Is there any relationship between cost elasticity and economies of scale? Show and explain why.

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