Economic Glossary | Search costs | Bankers Algo
Email Changed Successfully
Incorrect Password
Your Query Submit Successfully
Please Change Your Password Click Here
Password Changed Successfully
Profile Changed Successfully
Form Submitted Successfully
Username or Password is incorrect
Reset Password Mail Send Successfully.
Email you have entered doesn't exist.
Password Changed. Now Login.
Password Not Reset Please Try Again.
Link Expired Please Try Again
Test completed and result have been mailed to your email Id
You are successfully registerd please check your mail for login credentials.

Be the change that you wish to see in the world.

-by Mahatma Gandhi

Series Funda

Find the next term in the series:

2, 7, 27, 107, 427, ?

Hi Guest User

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


News Updates

08 Nov

Current News Shots October 29 - 31, 2013:

NGO the Harmony Foundation honored former Miss Universe Sushmita Sen with the Mother Teresa Memorial International Award...

Read more
31 Oct

Current News Shots October 22 - 30, 2013:

New York City Mayor Michael R. Bloomberg has been selected for the inaugural Genesis Prize – an award popularly dubbed...

Read more
View All News

Banker's Algo Daily Dose

Word of the day

Affluence(n)

Meaning:

Abundance of money, property, and other material good

Synonyms: abundance, fortune, luxury, opulence, plenty

Antonyms: dearth, deficiency, inadequacy

Apti Question of The day

Question

A boat running downstream covers a distance of 16kms in 2 hours, while for covering the same distance upstream it takes 4 hours. What is the speed of the boat in the still water?

Read more..

Copyright © 2014 bankersalgo.com

All rights reserved