Because the Changes in Energy Levels Happen in Discrete Steps

question 34

Short Answer

Because the changes in energy levels happen in discrete steps, we refer to these as ________leaps.

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Definitions:

Break Even

The point at which total cost and total revenue are equal, meaning there is no net loss or gain.

Stock Price

The cost of purchasing a share of a company, fluctuating based on market conditions, company performance, and investor sentiment.

Maximum Loss

The highest possible amount an investment might lose.

Call Contract

A financial contract that gives the buyer the right, but not the obligation, to buy a specified amount of an asset at a predetermined price within a specified time period.