UPDATE `apptidudeques1` SET `createdTime`='1529899535' WHERE `id`='17'UPDATE command denied to user 'bankersalgo'@'182.50.130.125' for table 'apptidudeques1' Economic Glossary | Search costs | Bankers Algo
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Economic Glossary

    Search costs

The cost of finding what you want. The economic cost of buying something is not simply the PRICE you pay. Finding what you want and ensuring that it is competitively priced can be expensive, be it the financial cost of physically getting to a marketplace or the OPPORTUNITY COST of time spent fact-finding. Search costs mean that people often take decisions without all the relevant INFORMATION, which can result in inefficiency


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Banker's Algo Daily Dose

Word of the day

Equivocate(v)

Meaning:

to use ambiguous or unclear expressions, usually to avoid commitment or in order to mislead; prevaricate or hedge

Synonyms: dodge, double-talk, elude, escape, eschew, evade, falsify, fence

Antonyms: face, meet, speak on

Apti Question of The day

Question

Sanjeev started a business by investing Rs. 36000. After 3 months Rajiv joined him by investing Rs. 36000. Out of annual profit of Rs. 37100, find the share of each?

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