It will take me at least or approximately 7 months to accumulate a balance of $1000 in my account
Answer:
B. Mutual funds are actively managed while index funds are
passively managed.
Explanation:
Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.
A professional manager manages a mutual fund. The manager uses different analytical tools to select the stocks to be included in the portfolio carefully. Index funds track the prices of the underlying Index. Index funds can be mutual funds or exchange-traded fund ETF such as the S&P 500. Index funds are passively managed.
Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.
Answer:
Coordination Problem
Explanation:
Below is the given values:
Average total cost of producing 10000 chairs = $300
Average total cost of producing 11000 chairs = $325
The coordination problem arises when an increase in total output increases the average total cost due to the non-coordination of the inputs used in the production process. Therefore coordination is correct answer.
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