The Costs Associated with Trading Securities,which Include the Costs of Time,effort,and

question 26

Multiple Choice

The costs associated with trading securities,which include the costs of time,effort,and phone calls,as well as brokered commissions are called

• A) Arbitrage.
• B) Economies of scale.
• C) Transaction costs.
• D) Portfolio management.
• E) Taxes.

---

Definitions:

Emotional

Pertaining to feelings or expressions of sentiment, which can influence thoughts, behavior, and physical states.

Practical

Concerned with the actual doing or use of something rather than with theory and ideas; focused on real-world applications and outcomes.

Concrete

Pertaining to actual objects or specific, tangible details rather than abstractions; often used in developmental psychology to describe a stage where children think literally about physical objects and experiences.

Epistemic Cognition

The ways in which an individual understands how they arrived at ideas, beliefs, and conclusions.