The Cost of Investing in a Mutual Fund Includes

question 4

Multiple Choice

The cost of investing in a mutual fund includes
1. the loading charges
2. commissions when the fund buys and sells securities
3. management fees

• A)1 and 2
• B)1 and 3
• C)2 and 3
• D)all of the above

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Definitions:

Pure Monopoly

A market framework where there is only one provider offering a distinctive product without any closely resembling alternatives.

Increasing Profits

A financial strategy or outcome where a business experiences a growth in net earnings over time.

Lowering Price

A strategic move where a seller reduces the price of goods or services to attract more customers or beat competitors.

Monopolist

A market participant that is the sole seller of a good or service, thereby controlling the market.