对经济周期的敏感性 Sensitivity to Business Cycle ■经济周期中影响收益敏感性的因素 Factors affecting sensitivity of earnings to business cycles 经济周期中公司产品销售额的敏感性 Sensitivity of sales of the firms product to the business cycles 营业扛杆 Operating leverage 财务扛杆 Financial leverage17-16