How to find the Utility Maximization Bundle? In Economics, we study all sorts of situations. Here we want to optimize the best possible combination of goods and services a consumer acquires. Let’s say we want to find out the best possible bundle that Sarah can...
What is A Trade Union? Communism is disgusting. The mere fact that someone verbally talks about wealth distribution and inequality, it’s just cerebral vomit. So you worked your butt off to get good grades and entered the college you wanted because you had the...
What is a monopsony? A monopsony is a monopoly for labor. Think about Google for instance. Google is a monopoly in their field and a monopsony when hiring workers. By looking at the graph we start off with the Demand Curve which is downward sloping and the supply...
What are the differences between short run and long run total average costs? Let’s say we decided to open an automotive factory.Our next decision is where to open the factory. When pondering the cost-benefit relationship, we are thinking about three different...
Why is the Marginal Revenue Curve for a Monopoly Is Below the Demand Curve? When studying different market structures like perfect competitive markets or monopolies, we need to first start by understanding how they relate to the consumer. A perfectly competitive firm...
What are the costs of production? In Microeconomics, there are 4 types of costs: 1. fixed costs 2. variable costs 3. total cost 4. average costs 5. marginal costs Fixed Costs Fixed costs are the same if you are open for business or not: rent, food, utility bills....
Track-Record: Working as a consultant since 2004 Sold first company in 2015 Joined the insurance sector in 2017
Current Focus and 2022 Objectives: Candidate to the MDRT €2.0M in Life Insurance Applications 104 Golden Visa Applications 208 SIFIDE II - Tax Applications €100M in Industrial/Commercial Real Estate Transactions
