Identify the source documents into which the information given in the table below would be recorded. (4 marks)
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The equations given below relate to quantity demanded and quality supplied at the equilibrium point:27/11/2020
The equations given below relate to quantity demanded and quality supplied at the equilibrium point:
Determine the equilibrium price and quantity. (4 marks)
List four forms of retail businesses that a school leaver may engage inExpected Response
Retail businesses that a school leaver may engage in include:
Ways through which a partnership may be formed
Ways through which a partnership may be formed include:
Related Searches on Forms of Business Units Form 2 LevelOutline four ways in which the balance of payments of a country may be improved. (4 marks)27/11/2020 Ways in which the balance of payments of a country may be improved
Factors that should be considered by a firm when deciding on the method to use for promoting its products
Characteristics of a monopolistic competitive market
Features of land as a factor of production
Features of land as a factor of production include:
The table below shows general price changes over a period of five years:
Using year 2010 as the base year, determine the Consumer price index for years 2011, 2012, 2013 and 2014. (4 marks)
State four means of payment that may be provided by commercial banks to their customers. (4 marks)27/11/2020 Means of payment that may be provided by commercial banks to their customers
Means of payment that may be provided by commercial banks to their customers include:
Features of money that enables it to facilitate the exchange of goods and services
Benefits of proper filing to an organisation
Factors that may encourage Chemchemi Ltd. to be located in Athi River include:
Benefits of using the internet for office communication
Benefits of using the internet for office communication include:
The following information relates to Zawadi Traders rental income:
Prepare Zawadi Traders Rental income Account. (4 marks) Items that would be included in the measurement of national income using the income approach
Items that would be included ¡n the measurement of national income using the income approach include:
State the principles of insurance described in the statements given below
Highlight four indicators of economic growth that may be observed as a country progresses. (4 marks)25/11/2020 Indicators of economic growth that may be observed as a country progresses
Indicators of economic growth that may be observed as a country progresses include:
The following information was extracted from the books of Salome Traders:
Capital Ksh 1,119,300; Long term liabilities Ksh 1 ,807,000; and current liabilities Ksh 978,700.
Required
(b) State the importance of the rate of return on capital employed. (1 mark)
Importance of the rate of return on capital employed.
Outline four circumstances under which goods may be transported by use of containers. (4 marks)25/11/2020 Circumstances under which goods may be transported by use of containers
Circumstances under which goods may be transported by use of containers include:
Elements of the demographic environment that may influence the operations of a business
Elements of the demographic environment that may influence the operations of a business include:
Forms of economic integration that countries may join to promote international trade
Forms of economic integration that countries may join to promote international trade include:
Expected ResponseProblems of using national income statistics to compare the living standards of citizens of Kenya and Tanzania
Problems of using national income statistics to compare the living standards of citizens of Kenya and Tanzania include:
The following opening balances were extracted from the books of Mageta Traders on 1 July 2016:24/11/2020
The following transactions took place in the course of the month:
Expected Response |
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