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Discover what transaction costs are, their impact on investments, and learn strategies to minimize them. Explore definitions, examples, and how they affect financial decisions.| Investopedia
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Research and development (R&D) is a term that's used to describe the effort a company devotes to the innovation and improvement of its products and processes.| Investopedia
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The Food and Drug Administration is a government agency that regulates certain food, drugs, cosmetics, and medical products.| Investopedia
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Inelastic demand is a term used to describe the unchanging quantity of a good or service when its price changes.| Investopedia
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Barriers to entry are the costs or other obstacles that prevent new competitors from easily entering an industry or area of business.| Investopedia
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ETFs are baskets of stocks or bonds that trade like regular stocks, which are usually passively managed, meaning they seek only to match the underlying benchmark index. Browse Investopedia’s expert-written library to learn more.| Investopedia
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Gross domestic product is one of the primary indicators used to gauge the health of a country's economy. But what does it actually measure?| Investopedia
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The Affordable Care Act is the federal statute that was signed into law in 2010 as part of the healthcare reform agenda of the Obama administration.| Investopedia
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Economies of scale are cost advantages reaped by companies when production becomes efficient.| Investopedia
