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Business Studies Question Paper
Business Studies
Course:
Business Studies
Institution:
Form 4 question papers
Exam Year:
2014
1)Describe the circumstances that may warrant a business to maintain cash books of different types
2)What is the meaning of the term contra entry
3)Distinguish between discounts allowed and discounts received
4)Use a diagram to explain the law of demand.What does the law state
5)Outline 5 factors which may influence the demand for a product
6)Distinguish between
A)joint and derived demand
B)Composite and competitive demand
7)Explain why the supply curve slopes downwards from the right to the left
8)Distinguish between:
A)A supply schedule and a supply curve
B)Movement along a supply curve and a shift in a supply curve
9)Distinguish joint supply from competitive supply
10)With the aid of a diagram explain how a shift in a supply curve occurs
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