Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.
Define the term 'elasticity of demand'.
Answer Attachments
Next: State the law of demand.
Previous: Outline the various types of elasticity of demand giving their determinants.
View more Economics Questions and Answers | Return to Questions Index
State the law of demand.
Date posted: October 5, 2017 . Answers (1)
Explain the following activities involved in economics;a) Production of goods and services b) consumption activities c) exchange activities d) distribution
State the importance of economics.
Describe the product life cycle.
Outline the factors that influence product mix.
Differentiate between a product line and a product mix.
Explain the four basic elements in marketing.
Give the Six steps followed in resolving ethical dilemmas in a firm.
Date posted: September 28, 2017 . Answers (1)
Outline the primary purpose of an operational audit.
Analyse road transport in Kenya and outline two key limitations in relation to supply chain performance
Date posted: September 22, 2017 . Answers (1)