Examlex
___________crowds are collectivities so intensely focused on a specific purpose or object that they may erupt into violent or destructive behavior.
Option To Wait
The flexibility embedded in investment decisions allowing investors to delay making an investment to obtain more information.
Net Income
The amount of profit left after all operating expenses, taxes, and interest are deducted from total revenue.
Variable Cost
Expenses that are directly linked to the scale of production activity.
Fixed Cost
Costs that do not change with the level of output or sales in the short term, such as rent, salaries, and insurance.
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