where P is per unit price, Q is quantity, and C is total costs.
TR = Total Revenue
MR = Marginal Revenue
MC - Marginal Cost
How do we get the maximum profit?
Answer:
TR = P x Q
= (120 - 0,02 Q)Q
TR = 120Q - 0,02Q2
MR = TR'
I wondered about my android's data usage rapidly reached the limit every
month. I hadn't known that many apps working with data in the
background.
Yesterday, i found great app on play store to see data usage used by every app on my phone, and also the percentage of the usage itself. The app is My Data Manager, you can download it for free from play store.
This app also allows us to set notification if it reaches certain used data. Very cool!
A month ago, i found the best website providing free textbooks, yes it's Library.nu. So, i registered an account to access this website. Lately, i heard that library.nu is no longer available to be accessed by new user. There's login button only, no register button in Library.nu's home page.
If you wonder why you can't register Library.nu account, the answer is : Library.nu became closed site, it means that this site can be accessed by users who already have an account only.
So if you haven't registered this site before, you better to find the textbook at another site :(
But if you don't get it anywhere, don't worry, i will help you to download the textbook by my Library.nu's account :)
Stronghold Crusader is the strategic war game developed by FireFly Studios. If you are wondering about how to play it with your friend on another computer, you are in right page now :) For the very simple step to make it connect, here we go:
1. make sure your computers are connected each other, via LAN cable (RJ45). it doesn't need internet connection at all.
2. open stronghold crusader, choose multiplayer
3. choose internet direct play
4. if you are the host, don't fill anything. If you join, fill the host's IP address which appear in host's computer
5. then click join, the host's name will appear
6. choose that name, click join.
7. now you can play multiplayer with your friend, good luck for the war!
if you want to play multiplayer with more than 2 computers, you can use wifi connection.
What do you know about business? In simple words, business is any activity that provides goods or services to make a profit. But you should note that business is not always giving a profit, sometimes you get a loss, it depends on how you manage the business. A person who risks time and money to start a business is called an entrepreneur. If you want to be an entrepreneur, you must be self-discipline, even though you are the boss (self-directed). You should believe in your idea, even if no one else does (self-nurturing). But great idea is not enough, you have to make it real (action-oriented). You must mentally and physically able to work long and hard (highly energetic). The last, you must be able to take some risks (tolerant of uncertainty).
When we run the business on small scale, that’s small business. So many people today have a business. Most of them started it from the small business. To start a small business, there are some steps you should do. If you think this looks easy for you, you are wrong. So many new small businesses fail each year. They don’t know what to do, don’t know how to manage their businesses. To avoid the failure of your business, you should remember these points:
Learn about the industry. This is important for you if you have no business experience.
If you can’t finance your business at the beginning, you may borrow money anywhere. You should make a planning how and when to pay it back.
Be careful in determining the amount of capital. Starting with too little or too much capital will affect your business.
It is important to know the market price, so you can price your product competitively.
Try to understand the customer wants, or you should say goodbye to them. You can make a survey and let them critic your products.
The following factor increase the chances of small-business success: • Customer requires a lot of personal attention • Product is not easily made by large firm • The owner pays attention to new competitors • The business is in a growth industry
So, these are the steps in managing a small business:
Planning Your Business
The first step, you need a business plan. You must describe you business, determine the product you will offer, estimate how much money you need to start, determine how to operate your business, make a strategy to market the products, etc.
Financing Your Business
You have to risk your money when starting the business, to finance the capital and expenses. You can use your personal savings, or borrowing it from the bank, relatives, finance companies, or government agencies.
Knowing Your Customers
Indentify your market needs, set out to fill those needs. It’s not enough to get the costumers, you have to keep them. So they will come back to you for your products.
Managing Your Employees
If you planned to manage your business by yourself, as your business grows, it won’t be effective. You will need some employees to help. Determine the efficient number of employees, motivate them, so your employees will be satisfy with their job.
Keeping Records
It is important to record sales, expenses, and profit, so you can see the progress of your business. Many business failures are caused by poor accounting.
