When Are Mutual Fund Buy and Sell Orders Executed

question 11

Multiple Choice

When are mutual fund buy and sell orders executed?

• A) At the beginning of each business day
• B) At the end of the business day
• C) Upon receipt
• D) Within 10 business days

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Definitions:

Short-Run Cost Curves

Graphical representations that show the relationship between a firm's costs and output levels in the short term.

Long-Run Curve

The graphical representation in economics of the relationship between output and input when all inputs are variable, showing potential economies of scale.

Marginal-Cost Curve

A graph that displays the cost of producing one additional unit of a good or service.

Average-Total-Cost Curve

A graph that displays the mean total cost of manufacturing across various output quantities, generally characterized by a U-shape because of the effects of economies and diseconomies of scale.