(i) Resources to satisfy them are scarce.
(ii) They change with time, age and gender.
(iii) They are too many/ endless/ unlimited.
(iv) They keep on recurring.
OR
i) scarcity of goods and services
ii) raising/shooting of prices/inflation
iii) variations in quality of commodities
iv) repetitive nature of wants/ recurrent
- wants change with time and age
- wants are too many to be satisfied fully
maurice.mutuku answered the question on July 12, 2017 at 05:54
-
What are the effects of production activities on the environment and community health?
(Solved)
Give the effects of production activities on the environment and community health.
Date posted:
July 12, 2017
.
Answers (1)
-
What are the services rendered by retailers to consumers?
(Solved)
List the services rendered by retailers to consumers.
Date posted:
July 12, 2017
.
Answers (1)
-
What problems can be encountered in an office as a result of computerization of operations?
(Solved)
Explain problems that can be encountered in an office as a result of computerization of operations.
Date posted:
July 12, 2017
.
Answers (1)
-
In what ways does the Nairobi Stock exchange support business and economic growth in a country?
(Solved)
Explain ways in which the Nairobi Stock exchange supports business and economic growth in a country.
Date posted:
July 11, 2017
.
Answers (1)
-
What lessons can Christians learn about the person and mission of John the Baptist from the message of Angel Gabriel to Zachariah?
(Solved)
Give the lessons that Christians can learn about the person and mission of John the Baptist from the message of Angel Gabriel to Zachariah.
Date posted:
July 11, 2017
.
Answers (1)
-
What factors may give rise to monopoly power in an economy?
(Solved)
Give factors that may give rise to monopoly power in an economy.
Date posted:
July 11, 2017
.
Answers (1)
-
What factors compromise a negative internal environment in a business?
(Solved)
Highlight factors that compromise a negative internal environment in a business.
Date posted:
July 11, 2017
.
Answers (1)
-
In what ways can the local resources be managed to alleviate unemployment problems in Kenya?
(Solved)
list ways in which the local resources can be managed to alleviate unemployment problems in Kenya.
Date posted:
July 11, 2017
.
Answers (1)
-
In what ways can the problem of scarce resources be addressed by a consumer?
(Solved)
Give ways in which the problem of scarce resources can be addressed by a consumer.
Date posted:
July 11, 2017
.
Answers (1)
-
What causes demand pull inflation?
(Solved)
Highlight the causes of demand pull inflation in an economy.
Date posted:
July 11, 2017
.
Answers (1)
-
What factors determine the National income of a country?
(Solved)
Give factors that determine the National income of a country.
Date posted:
July 11, 2017
.
Answers (1)
-
What commercial services facilitate trade?
(Solved)
Give commercial services that facilitate trade.
Date posted:
July 11, 2017
.
Answers (1)
-
What are the features of time deposit account?
(Solved)
Highlight the features of time deposit account.
Date posted:
July 11, 2017
.
Answers (1)
-
What costs are incurred by intermediaries in the chain of distribution?
(Solved)
Highlight the costs incurred by intermediaries in the chain of distribution.
Date posted:
July 11, 2017
.
Answers (1)
-
Under what circumstances can air transport be preferred to transport goods from one place to another?
(Solved)
Give circumstances under which air transport can be preferred to transport goods from one place to another.
Date posted:
July 11, 2017
.
Answers (1)
-
What are the benefits enjoyed by a holder of a credit card?
(Solved)
Give the benefits enjoyed by a holder of a credit card.
Date posted:
July 10, 2017
.
Answers (1)
-
What are the negative effects of inflation to an economy?
(Solved)
Explain the negative effects of inflation to an economy.
Date posted:
July 10, 2017
.
Answers (1)
-
In what ways can the government use to influence the supply of maize in Kenya?
(Solved)
Give ways in which the government can use to influence the supply of maize in Kenya.
Date posted:
July 10, 2017
.
Answers (1)
-
What conditions must be met in order for an insurance contract to be valid?
(Solved)
Give conditions that must be met in order for an insurance contract to be valid.
Date posted:
July 10, 2017
.
Answers (1)
-
What measures can an employer put in place to improve the performance of his/ her human resource?
(Solved)
Give measures that an employer can put in place to improve the performance of his/ her human resource.
Date posted:
July 10, 2017
.
Answers (1)