Sunday, May 25, 2014
Saturday, May 10, 2014
Hi! First of all, Happy Mother’s day to your best-ever mom.
Have you thanked them? Surprise them with a gift or run an errand or greet
online. Do anything that’ll make them feel special.
I was reading an Economic text book and so it discusses
supply and demand, the Gross National Product and Gross Domestic Product, the
Difference of Micro and Macro Economics. I learned how to assess the buyer’s
demand and what market is right for certain products. Also, an economist or business
man has to take certain risks if he wants to get bigger opportunities. For
example a computer shop owners must invest more capital if he wants to get
greater income. If necessary, he must add more computer set, respond to client’s
demands by installing the latest online games or updating expansion packs, and
hiring more assistants. This step, however, includes risks. The internet shop
can be robbed, the building can be burned, or other disaster may occur. There
are many factors that affects a business but if the economist will stay behind
his fears, nothing will happen. Surely, risks are inevitable but only those who
take it will find whether or not success awaits them.
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