• There are a large number of firms and buyers.
• The firms’ objective is to maximize their profits.
• The goods produced by the firms are homogeneous.
• In the market there is free entry and exit of the firms.
• There is perfect information.
• There is perfect mobilization of the factors of production.
skilled writter answered the question on May 9, 2018 at 06:39
-
Outline the limitations of accounting
(Solved)
Outline the limitations of accounting
Date posted:
May 9, 2018
.
Answers (1)
-
Outline the characteristics of accounting reporting.
(Solved)
Outline the characteristics of accounting reporting.
Date posted:
May 9, 2018
.
Answers (1)
-
Outline four internal business environments.
(Solved)
Outline four internal business environments.
Date posted:
May 9, 2018
.
Answers (1)
-
Describe five types of business activities.
(Solved)
Describe five types of business activities.
Date posted:
May 9, 2018
.
Answers (1)
-
Effects of outward shift in a supply curve on equilibrium price and quantity
(Solved)
Effects of outward shift in a supply curve on equilibrium price and quantity
Date posted:
May 8, 2018
.
Answers (1)
-
What are the disadvantages of sales promotion?
(Solved)
What are the disadvantages of sales promotion?
Date posted:
May 8, 2018
.
Answers (1)
-
Outline advantages of sales promotion
(Solved)
Outline advantages of sales promotion.
Date posted:
May 8, 2018
.
Answers (1)
-
Explain factors which determine choice of an advertising medium
(Solved)
Explain factors which determine choice of an advertising medium.
Date posted:
May 8, 2018
.
Answers (1)
-
Explain factors that influence a product promotion
(Solved)
Explain factors that influence a product promotion.
Date posted:
May 8, 2018
.
Answers (1)
-
Outline steps to be taken in order to maintain secrecy in an organization
(Solved)
Outline steps to be taken in order to maintain secrecy in an organization.
Date posted:
May 8, 2018
.
Answers (1)
-
Outline Ways of Protecting Business Ideas
(Solved)
Outline Ways of Protecting Business Ideas.
Date posted:
May 8, 2018
.
Answers (1)
-
Outline the purpose of pre-feasibility study (Market Research)
(Solved)
Outline the purpose of pre-feasibility study (Market Research).
Date posted:
May 8, 2018
.
Answers (1)
-
Give characteristics of a good business idea
(Solved)
Give characteristics of a good business idea.
Date posted:
May 8, 2018
.
Answers (1)
-
Explain the cultural factors inhibiting entrepreneurial development
(Solved)
Explain the cultural factors inhibiting entrepreneurial development.
Date posted:
May 8, 2018
.
Answers (1)
-
What is the Importance of Entrepreneurship Culture?
(Solved)
What is the Importance of Entrepreneurship Culture?
Date posted:
May 8, 2018
.
Answers (1)
-
Explain the economic, social and political factors affecting entrepreneurial development
(Solved)
Explain the economic, social and political factors affecting entrepreneurial development
Date posted:
May 8, 2018
.
Answers (1)
-
Outline how the government of Kenya has planned to promote entrepreneurship
(Solved)
Outline how the government of Kenya has planned to promote entrepreneurship.
Date posted:
May 8, 2018
.
Answers (1)
-
State five desirable characteristics of information.
(Solved)
State five desirable characteristics of information.
Date posted:
May 5, 2018
.
Answers (1)
-
Explain five methods of written communication.
(Solved)
Explain five methods of written communication.
Date posted:
May 5, 2018
.
Answers (1)
-
State five advantages and five disadvantages of face to face communication.
(Solved)
State five advantages and five disadvantages of face to face communication.
Date posted:
May 5, 2018
.
Answers (1)