Retail Banking: What It Is, Different Types, and Common Services.

What is retail banking? What are the different types of retail banking? What are some common services offered by retail banks? What are 3 services products offered by retail banks? 1. Checking accounts: A checking account is a bank account where customers can deposit and withdraw money as needed. Customers can use their checking account … Read more

Price-Weighted Index Definition.

A price-weighted index is a stock index in which each component stock is weighted according to its current market price, as opposed to its market capitalization. Price-weighted indexes are also known as dollar-weighted indexes. The most famous price-weighted index is the Dow Jones Industrial Average (DJIA), which has been in existence since 1896. Other price-weighted … Read more

What is marginal cost?

Marginal cost is the cost of producing one more unit. That is, the variation experienced by the total cost in the face of a unit increase in production. It is a concept widely used in microeconomía, since it can be used to determine the quantity that the company should produce and its prices. Specifically, the … Read more