Declining Cost-Burden Reveals Scale Advantages
Operating
Costs /Revenue
Jan
19
Apr
Jul
Oct
Jan
20
Apr
Jul
Oct
Jan
21
Apr
Jul
Oct
Jan
22
Apr
Jul
Oct
Jan
23
Apr
Jul
Oct
Jan
24
88.0
89.0
90.0
91.0
92.0
93.0
94.0%