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Define Fixed and Variable Costs

question 34

Essay

Define fixed and variable costs.


Definitions:

Equity Mutual Funds

Mutual funds that primarily invest in stocks with the aim of providing capital growth or income to its investors.

Incentive Bonus

An additional payment or reward given to employees as a motivation for meeting or exceeding specified goals or objectives.

Expense Ratio

A measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's assets.

Gross Return

The overall yield from an investment prior to subtracting any charges or costs.

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