Excess supply refers to a situation where the quantity of goods and services supplied in the market by suppliers is more than the quantities the consumers are able to buy.
maurice.mutuku answered the question on July 25, 2017 at 05:49
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What is joint demand?
(Solved)
Define joint demand.
Date posted:
July 25, 2017
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In what ways may the government regulate business activities in a country?
(Solved)
Highlight ways in which the government may regulate business activities in a country.
Date posted:
July 25, 2017
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Answers (1)
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What are the advantages of written communication?
(Solved)
List the advantages of written communication.
Date posted:
July 25, 2017
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Answers (1)
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Under what circumstances may the government borrow from internal sources?
(Solved)
List the circumstances when the government may borrow from internal sources.
Date posted:
July 25, 2017
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What changes may take place in a country to indicate that it is experiencing economic development?
(Solved)
List changes that may take place in a country to indicate that it is experiencing economic development.
Date posted:
July 24, 2017
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Answers (1)
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What diseconomies of scale may a firm face when it expands its operations?
(Solved)
List the diseconomies of scale that a firm may face when it expands its operations.
Date posted:
July 24, 2017
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Answers (1)
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What are the benefits enjoyed by a trader who does not sell on credit?
(Solved)
List the benefits enjoyed by a trader who does not sell on credit.
Date posted:
July 24, 2017
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Answers (1)
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What are the services offered by wholesalers to retailers?
(Solved)
List the services offered by wholesalers to retailers.
Date posted:
July 24, 2017
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What are the differences between a fixed deposit account and a savings account?
(Solved)
Highlight the differences between a fixed deposit account and a savings account.
Date posted:
July 24, 2017
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In what ways may an efficient road transport promote trade within a country?
(Solved)
Give ways in which an efficient road transport system may promote trade within a country.
Date posted:
July 24, 2017
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Answers (1)
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What are the differences between land and labour as factors of production?
(Solved)
Distinguish between land and labour as factors of production.
Date posted:
July 22, 2017
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Answers (1)
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What circumstances make it necessary for insurance companies to re-insure?
(Solved)
Give circumstances that make it necessary for insurance companies to re-insure.
Date posted:
July 22, 2017
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Answers (1)
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What challenges may be experienced by a new entrepreneur who is intending to start a business in Kenya?
(Solved)
List the challenges that may be experienced by a new entrepreneur who is intending to start a business in Kenya.
Date posted:
July 22, 2017
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Answers (1)
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What channels can be used to distribute locally manufactured goods?
(Solved)
Give channels that can be used to distribute locally manufactured goods.
Date posted:
July 22, 2017
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Answers (1)
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What are the emerging issues in office management?
(Solved)
List the emerging issues in office management.
Date posted:
July 22, 2017
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Answers (1)
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What are the advantages of pipeline transport to the country?
(Solved)
List the advantages of pipeline transport to the country.
Date posted:
July 22, 2017
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Answers (1)
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What are the advantages of using celebrities in product promotion?
(Solved)
List the advantages of using celebrities in product promotion.
Date posted:
July 22, 2017
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Answers (1)
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What are the leakages in a circular flow of income?
(Solved)
Give the leakages in a circular flow of income.
Date posted:
July 22, 2017
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Answers (1)
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In what ways can a legal-political environment impact negatively on entrepreneurs?
(Solved)
Give ways in which a legal-political environment can impact negatively on entrepreneurs.
Date posted:
July 22, 2017
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Answers (1)
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What are the advantages of indirect tax?
(Solved)
List the advantages of indirect tax.
Date posted:
July 22, 2017
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Answers (1)