Which of the following statements about Mutual Funds is FALSE? A majority of actively managed mutual funds "beat the market" and are worth the fees they charge. An advantage of investing in mutual funds is that you don't have to pick individual stocks and bonds. Mutual funds that are actively managed by a fund manager are trying to "beat the market" averages. Mutual fund managers typically charge fees of 1 - 2% on the assets they manage

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?