Saturday, March 5, 2011
Hiow poultry industry robs us!!
In bird flu season, black-marketed(not officially sold) chicken in almost 10 times cheaper. pardon me if i'm wrong. let this cost be"x".
Now in non-bird flu times, let the cost be "y"
but y >>x, y is much greater than x
but even in bird flu season, if someopne buys black-marketed chicken, then he's addicted to it. so definitely the trader is having a profit, though little.. he'll atleast try to break even.. on top of that, much of his poultry was culled by government, so he'll try to recover that cost..
so in a sense, chicken has a profir margin of around= 10*100%=1,000%
Now in non-bird flu times, let the cost be "y"
but y >>x, y is much greater than x
but even in bird flu season, if someopne buys black-marketed chicken, then he's addicted to it. so definitely the trader is having a profit, though little.. he'll atleast try to break even.. on top of that, much of his poultry was culled by government, so he'll try to recover that cost..
so in a sense, chicken has a profir margin of around= 10*100%=1,000%
College microfinance/ Peer-to-peer microfinance
This is a short micro-finance proposal for a college start-up funded by its entrepreneurship cell:
I borrowed money from a freind for a few weeks. Something struck me then, what about the introverts?? we can have a pawn shop based/ mortgae based on legal doc on which a student will be granted money for few weeks. Like watch etc..
Whatv say??
pardon my speellings as i'm typing this before this idea goes out...
I borrowed money from a freind for a few weeks. Something struck me then, what about the introverts?? we can have a pawn shop based/ mortgae based on legal doc on which a student will be granted money for few weeks. Like watch etc..
Whatv say??
pardon my speellings as i'm typing this before this idea goes out...
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