The Key Distinction Between Panics and Crazes Is That Crazes

question 15

Multiple Choice

The key distinction between panics and crazes is that crazes are ________ something and panics are ________ something.

• A)flights from;movements toward
• B)movements into;movements out of
• C)movements out of;movements into
• D)movements toward;flights from

---

Definitions:

Net Operating Income

The total earnings generated from a company's operations, excluding taxes and interest.

Investment Opportunity

A situation or option through which an investor can potentially increase their wealth by allocating resources in a way that generates returns.

Margin

Net operating income divided by sales.

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs, calculated as contribution margin divided by sales revenue.