Examlex
Fees of load funds that are used to cover the costs of trading in securities are called 12b-1 fees.
Economic Costs
The total value of all resources used in the production of goods or services, including both explicit and implicit costs.
Opportunity Costs
The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
Accounting Profit
The difference between total revenue and explicit costs, indicating the financial gain recorded in the books of accounts.
Entrepreneurial Talent
The unique set of skills, creativity, innovation, and risk-taking abilities that entrepreneurs possess to start and manage businesses.
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