Sir Alix

23/04/2025

Join our whatsapp révision group

WhatsApp Group Invite

21/02/2025

20/02/2025

Get $20 USD credit for Freelancer.com now!
Freelancing is a flexible and independent way of working. Freelancers offer their skills and services to clients on a project-by-project basis, often remotely. They work on their own schedule, choosing projects that fit their interests and expertise. Freelancers are responsible for their own benefits, taxes, and marketing. This arrangement allows for autonomy, creativity, and unlimited earning potential. Freelancing is common in industries like writing, design, programming, and consulting, and is increasingly popular in the digital age. https://www.freelancer.com/get/charityrose772?f=give

Find & hire top freelancers, web developers & designers inexpensively. World's largest marketplace of 50m. Receive quotes in seconds. Post your job online now.

06/12/2024

Jack Ma the richest man in China said, "If you put the Banana and Money infront of a monkey. The monkey will choose Banana because the monkey don't know that money can buy alot of Bananas."

In fact, if you offer WORK and BUSINESS to people, they will choose to WORK because most people don't know that a BUSINESS can make more money than salary.

One of the reason the poor are poor is because the poor are not trained to recognise the entrepreneurial opportunity.

They spend alot of time in school and what they learn in school is work for a salary instead of working for themselves.

Profit is better than wages because wages can support you, but profits can make you a fortune.

Learn personal finance. It is the art of making money work for you, not the other way around. When you save and invest wisely, you’re not just planning for tomorrow—you’re building freedom, security, and opportunities

28/11/2024

I've received 400 reactions to my posts in the past 30 days. Thanks for your support. 🙏🤗🎉

26/11/2024

Check out this free app — It Pays to Walk 🚶
https://swcapp.com/i/alixmbunya

26/11/2024

https://chat.whatsapp.com/FWAvWF3RPgh4eX7UZ0Dtj9

Join our Whatsapp revision group

25/11/2024

Topic: Consumer Surplus
What is consumer surplus? Consumer surplus is the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price they pay. It's a measure of the "savings" or "benefit" that consumers receive when they buy a product at a price lower than their willingness to pay.

Here's a simple example:

Let's say you're willing to pay $100 for a new smartphone, but the market price is $80. In this case, your consumer surplus would be:

Consumer Surplus = Willingness to Pay - Actual Price
= $100 - $80
= $20

This means that you've "saved" $20 by buying the smartphone at the market price instead of your willingness to pay.

Consumer surplus can be affected by various factors, such as:

- Changes in consumer preferences
- Changes in income
- Changes in market prices
- Availability of substitutes

The concept of consumer surplus is important in economics because it helps to:

- Measure the welfare of consumers
- Evaluate the impact of price changes on consumers
- Analyze the effects of government policies on consumer welfare

20/11/2024

A firm has a total capital of 200.000.000 and a total of 15.000 shares. What is the norminal value of a share?

20/11/2024

Differences and similarities between Monopoly and Perfect competition markets?

19/11/2024

What is Demand?

In economics, demand refers to the quantity of a good or service that consumers are willing and able to purchase at a given price level, during a specific period of time.

Demand Factors:

1. Price: Demand typically decreases as price increases.
2. Income: Demand increases as consumer income rises.
3. Consumer Preferences: Changes in tastes, fashion, or lifestyle.
4. Substitutes: Availability and price of alternative products.
5. Complements: Products used together (e.g., peanut butter and jelly).
6. Population Growth: Increased demand due to growing population.
7. Seasonality: Demand fluctuations due to seasonal changes.

Demand Types:

1. Direct Demand: Demand for a product itself (e.g., bread).
2. Derived Demand: Demand for inputs used to produce another product (e.g., wheat for bread).
3. Composite Demand: Demand for multiple uses (e.g., wheat for bread and animal feed).

Demand Curve:

A graphical representation of the relationship between price and quantity demanded. The demand curve typically slopes downward, indicating that as price increases, quantity demanded decreases.

Law of Demand:

"As the price of a good increases, the quantity demanded decreases, ceteris paribus (all other things being equal)."