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Basic Question 2 of 10

The first step of understanding economies of scale is to analyze:

A. fixed costs.
B. COGS.
C. different types of tax rates.

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

demonstrate the development of a sales-based pro forma company model

CFA® 2024 Level I Curriculum, Volume 3, Module 12.