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Definition of the Week:

Search Cost

Jul. 2, 2008
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The economic cost of buying something is not just the price you pay. Finding what you want and ensuring that it is competitively priced can be expensive. But making a purchasing decision without all the relevant information can result in inefficiency.

(Source: Economist.com.)

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Wisconsin’s Republican-led Legislature voted to expand the state’s school voucher program. Should taxpayer money be used to fund private, religious schools?

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