A Mutual Fund with a High 12(b)-1 Fee Will Have

question 103

True/False

A mutual fund with a high 12(b)-1 fee will have a low expense ratio.

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Definitions:

Demand Elastic

Refers to how sensitive the quantity demanded of a good is to a change in its price.

Demand Schedule

A chart displaying the amount of a product or service buyers are prepared and capable of buying at different price levels.

Total Revenue

The total amount of money generated by the sale of goods or services related to the company's primary operations.

Total Revenue

The complete sum of funds a business acquires from sales or services rendered over a specific timeframe.