Get premium membership and access questions with answers, video lessons as well as revision papers.
Factors:
? Cost of production (factor prices)
? Government policy (taxation and subsidies)
? Natural events (e.g weather)
? Goals of the firm
? Availability and cost of credit
? Transport and communication
? Prices of related products (substitutes and complements)
? Technology
? Future expectations
? Changes in the supply of the product with which the product in question is in
joint supply e.g Hides & Beef; petrol and paraffin.
? Time
Gregorymasila1 answered the question on March 2, 2018 at 18:35
- Outline how each of the following may contribute to economic growth and
development in developing countries:
i. Domestic economic governance and transparency.
ii. Activities of commercial...(Solved)
Outline how each of the following may contribute to economic growth and
development in developing countries:
i. Domestic economic governance and transparency.
ii. Activities of commercial banks and non-bank financial institutions.
Date posted: March 2, 2018. Answers (1)
- Explain why reduction of Government deficits has increasingly become an
important issue in fiscal policy framework of developing countries(Solved)
Explain why reduction of Government deficits has increasingly become an
important issue in fiscal policy framework of developing countries
Date posted: March 2, 2018. Answers (1)
- What are the main causes of budget deficits?(Solved)
What are the main causes of budget deficits?
Date posted: March 2, 2018. Answers (1)
- Define the term per capita income. Show its usefulness and highlight some of its inherent shortcomings(Solved)
Define the term per capita income. Show its usefulness and highlight some of its inherent shortcomings
Date posted: March 2, 2018. Answers (1)
- Distinguish between Gross National and Gross Domestic products and
account for the lower values of the former in developing economies.(Solved)
Distinguish between Gross National and Gross Domestic products and
account for the lower values of the former in developing economies.
Date posted: March 2, 2018. Answers (1)
- Explain five features that distinguish departmental stores from other large scale retail shops(Solved)
Explain five features that distinguish departmental stores from other large scale retail shops.
Date posted: March 2, 2018. Answers (1)
- Explain five factors that would influence a firm to venture into producing new products(Solved)
Explain five factors that would influence a firm to venture into producing new products.
Date posted: March 2, 2018. Answers (1)
- What documents that may be required by the registrar of companies in order to register a public limited company?(Solved)
What documents that may be required by the registrar of companies in order to register a public limited company?
Date posted: March 1, 2018. Answers (1)
- Features of capital and entrepreneurship as factors of production(Solved)
Features of capital and entrepreneurship as factors of production.
Date posted: March 1, 2018. Answers (1)
- Testing is the final step on the road to establishing correct requirements. There are several testing methods used, describe the methods as used in purchasing...(Solved)
Introduction to purchasing and supplies management for diploma in business management, Bachelor of commerce
Date posted: March 1, 2018. Answers (1)
- In order to develop a specification that balance with product quality and characteristics, describe three approaches that can be employed by a purchasing department.(Solved)
In order to develop a specification that balance with product quality and characteristics, describe three approaches that can be employed by a purchasing department.
Date posted: March 1, 2018. Answers (1)
- Circumstances under which a direct distribution channel may be preferable.(Solved)
Circumstances under which a direct distribution channel may be preferable.
Date posted: February 28, 2018. Answers (1)
- Explain five measures a country experiencing a balance of payment deficit may take to correct this problem(Solved)
Explain five measures a country experiencing a balance of payment deficit may take to correct this problem
Date posted: February 28, 2018. Answers (1)
- Uses of national income statistics(Solved)
Uses of national income statistics.
Date posted: February 28, 2018. Answers (1)
- Reason for privatization of some parastatals by the government (Solved)
Reason for privatization of some parastatals by the government
Date posted: February 28, 2018. Answers (1)
- Ways manufacturers protect consumers from exploitation(Solved)
Ways manufacturers protect consumers from exploitation
Date posted: February 28, 2018. Answers (1)
- Give four social responsibilities of a business to its employees.(Solved)
Give four social responsibilities of a business to its employees.
Date posted: February 28, 2018. Answers (1)
- Highlight four reasons why the government levies taxes on her citizens.(Solved)
Highlight four reasons why the government levies taxes on her citizens.
Date posted: February 28, 2018. Answers (1)
- Outline four features of land as a factor of production(Solved)
Outline four features of land as a factor of production
Date posted: February 28, 2018. Answers (1)
- What are the differences between monopoly and monopolistic competition?(Solved)
What are the differences between monopoly and monopolistic competition?
Date posted: February 28, 2018. Answers (1)