Price takers in perfect competition

How to calculate the price of a good?
Data and Evidence collection:
1) The number of people working in different organizations to produce a particular product.
2) The number of the particular product produced per day, months, year etc.
3) The time or working hours of employees.

Time is money.
Price is inverse of mean value obtained from the different organization for the number of units produced per unit time (days or months etc) per employee with collaboration and using time not more than 5 hours per day per employee + Raw material cost calculated by the same principle
E = Number of people working in an organization to produce a particular product
U/D = Number of the particular product or units produced per day
U/DE = Number of particular units produced per pay per employee with collaboration
O = Number of organization with same U/DE

An example data
[E]          [U/D]      [U/DE][O]
50300.6          6
60400.666       9
80500.625       4
90550.611         8
50200.4          3
50250.5  …

The whole process of voting in a DPoS Country

The whole process of voting and questions like:
How voters can be informed about the contribution of their representatives, in order to vote? and How to hold the representatives accountable? We’ll consider accountability through the lens of five core principles: responsibility, explainability, accuracy, auditability, and fairness. Responsibility is not about legal responsibility but, rather, a focus on avenues for redress, public dialogue, and internal authority for change. This could be as straightforward as giving someone the internal power and resources to change the system.
In a country, there are various departments or branches such as education (with sub-branches such kid education,adult education, research and entrepreneurship),  transportation (with sub-branches such as railways, road transport), health, environment (with sub-branches such as air pollution, water pollution, water supply, cleanliness, drainage system), energy (with sub-branches such as solar, wind, bioenergy, nu…

Rough Sketch: Deterministic sequence to know the last state

We have a software that keeps the record of all public keys and it slices out the first index value of a deterministic sequence (e.g. A, B, C, D, E...) each time you feed it the public key with a private one. It also stores the root node of the Markel tree for each public keys.
It will run the loop in following manner and store the last index and also display the last index:
A + root node1 = root node2
B + root node2 (A + root node1) + new data = root node3
C  + root node3 ( B + root node2)  + new data = root node4

node 2 = A + $5
node 3 = B + A+ $5 + $8
node 4 = C + B + A +$5 +$8 -$2
When it feeds node4, it returns C+B+A and -$2

Validation of new data through peer to peer while making a contract:
The transaction between public key X and public key Y:
Each public key has its own Markel tree, take the first Markel tree that has root node1.
Both Y can validate each other by knowing the last sequence available (e.g. B+A, for person X) in the software and new return sequence and the transa…

From hypocrisy to democracy, This way: Delegated Proof of Stake

hyp·oc·risy [hypocrisy hypocrisies]
behavior in which somebody pretends to have moral standards or opinions that they do not actually have

dem·oc·racy [democracy democracies]

1) fair and equal treatment of everyone in a country or organization, etc, and their right to take part in making decisions

2) a system of government in which all the people of a country can vote to elect their representatives

Yes, most democratic countries fulfill the second definition of democracy, but none to the first definition.

Why Democracy is always unfair? 

In an ideal world, elections should be two things: free and fair. Every adult, with a few sensible exceptions, should be able to vote for a candidate of their choice, and each single vote should be worth the same. Ensuring a free vote is a matter for the law. Making elections fair is more a matter for mathematicians. The many democratic electoral systems in use around the world attempt to strike a balance between mathematical fairness and political cons…

The Perfect Competition World

perfect competition noun the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
Qs and As
How new entrepreneurs will be created in a perfect competition market in the following example?
An entrepreneur wants to start a business that requires high-end equipment. The price of high-end equipment is very high because it includes the labor cost of many people. But to run that high-end equipment, only one person is needed. 
How will the person buy the equipment? In perfect competition, every participant is a price taker, and marginal costs should meet marginal revenue. But how both can be possible in this situation?
If the entrepreneur takes a loan (some labor cost) of other participants, how will he/she repay the amount? As the entrepreneur can't set the price for h…

Crosscutting Mental Models

Crosscutting concepts helps in transfer of learning in all domains and are important tools for making sense of phenomena that can be observed and the mental model is an explanation of someone's thought process about how something works in the real world.
Patterns: Observed patterns of forms and events guide organization and classification of prompt questions about relationships and factors that influence them.

e.g. How would you classify introvert and extroverts by looking at the patterns? What are the similarities and differences between them? Is introversion or extroversion comes under a spectrum or is dichotomous (mutually exclusive). Do introverts pull themselves further towards extreme introversion after knowing they are introverts (The Self-fulfilling prophecyin the beginning, a false definition of the situation, evoking a new behavior which makes the originally false conception come true.)? What are the advantages and disadvantages of introverts and extroverts?
Key Differ…

If India wants instant outcomes, fix every college and university instantly.

Children will take another 20 years to add value to the economy.

How to?

1) Terminate all rote learning content, and provide them with pedagogically sound recent content. Let content be the syllabus.
2) Provide personalized education, and address learning deficit of students.
3) Bring projects under peer review, and make the project open access if it's not patentable.
4) Ask the teacher to unlearn almost everything they learned during schools and colleges. Use evidence, evidence, and evidence.
5) Make exams analytical and cue-based, not the reproduction of the text of books.
6) Pay the teacher well, so that teachership will be treated as a respectable job.