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Describe six policies that can be adopted by developing countries to improve agricultural sector.
Date posted:
August 2, 2018
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Outline functions of tender committee.
Date posted:
July 16, 2018
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Outline the functions of a Procuring Unit or procurement department in public organization.
Date posted:
July 16, 2018
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What's the relationship between scarcity, choice and opportunity cost
Date posted:
July 2, 2018
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State and explain forms of specialization.
Date posted:
May 29, 2018
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Discuss FIVE factors that hinder economic development in less developed countries.
Date posted:
May 16, 2018
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Explain three types of public enterprises.
Date posted:
May 16, 2018
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Discuss FIVE elements of Public Health Care in Kenya.
Date posted:
May 16, 2018
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Define the term “library catalogue” and explain its importance.
Date posted:
May 15, 2018
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Discuss the essential ideas of Marginalist school of thought.
Date posted:
May 15, 2018
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“Commercial banks are not only dealers of money but manufacturers of money and credit also.” Explain the statement.
Date posted:
May 12, 2018
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Explain the concept of deflationary gap. Also explain the role of “margin requirements” in reducing it
Date posted:
May 12, 2018
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Explain the concept of inflationary gap. Also explain the role of “legal reserves” in reducing Inflationary gap.
Date posted:
May 12, 2018
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Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?
Date posted:
May 12, 2018
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Explain how ‘non-monetary exchanges’ are a limitation in taking GDP as an index of welfare.
Date posted:
May 12, 2018
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State the Say’s Law of markets.
Date posted:
May 12, 2018
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Briefly explain SIX characteristics of money.
Date posted:
May 11, 2018
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Explain FOUR factors affecting the size of a National Income.
Date posted:
May 10, 2018
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Explain five factors which determine the productivity of labour.
Date posted:
May 9, 2018
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Outline the assumptions of Economic Order Quantity (EOQ).
Date posted:
May 8, 2018
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Explain the reasons why commercial banks prefer to lend Short-term loans.
Date posted:
May 6, 2018
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Discuss Kenya's level of attainment of sustainable development goals.
Date posted:
May 1, 2018
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Explain three types of production cost.
Date posted:
April 26, 2018
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Discuss the effects of Government borrowing on the Economy and give a possible solution to the problems.
Date posted:
April 22, 2018
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What are the problems facing the Kenya’s economy?
Date posted:
April 21, 2018
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Explain briefly the various stages of economic development according to W.W. Rostov.
Date posted:
April 21, 2018
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Critically explain Malthusian theory of population.
Date posted:
April 16, 2018
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What are the reasons for studying economics of education?
Date posted:
April 4, 2018
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a)Explain briefly the application of calculus to economic models, especially in the context of maximizing contribution and minimizing costs.
b)company A sells all its output to company B for Sh. 200 per unit. The cost of the sales per week in company A are given by the function C = 2q2 + 40q + 80 where q is the value of weekly sales. Company B uses the output of company A to manufacture a product whose demand is dependent on the sale price. The revenue per week of company B is given by the function:
R = 1000q – 16q2 and the cost per week of company B excluding cost of the products bought from company A are given by the function.
C = 2q2 + 80q + 400
Company A can restrict the weekly supply of its product to company B, but cannot raise the unit price above Sh. 200. The two companies are considering whether to merge together into a single company.
Required:
i)At what weekly sales would company A maximize its profits? What would be the profit or loss of company B if company A were able to supply a profit maximizing quantity of its product each week?
ii)At what level of weekly sales would company B maximize its profits?
iii)If the two companies merge into one, what would be the profit maximizing output per week and what would be the weekly profit?
Date posted:
April 2, 2018
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Describe the limitations of the CVP (Cost, Volume and Profit) Analysis.
Date posted:
April 1, 2018