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Business Studies Question Paper

Business Studies 

Course:Business Studies

Institution: Form 4 question papers

Exam Year:2015



1)What is the meaning of the term demand

2)What is demand schedule

3)Give 2 examples of complementary goods

4)Using diagrams distinguish between a shift in a demand curve and a movement along a demand curve

5)What is the meaning of the term supply

6)Outline the factors that influence the supply of a product

7)Explain the following terms of supply
A)Joint supply
B)Compwtitive supply

8)Using diagrams distinguish between a shift in demand curve and a movement along a demand curve

9)Outline conditions required to achieve equality between demand and supply

10)Under what circumstances is the price of a product expected to:
A)rise
B)fall
C)remain constant




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