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Hbc2104: Introduction To Microeconomics Question Paper

Hbc2104: Introduction To Microeconomics

Course:Bachelor Of Commerce

Institution: Kirinyaga University question papers

Exam Year:2014

Instruction: answer all questions

1) Define Economics and discuss the central Economic concepts. (20 marks)
2) Analyze the scope of Economics. (20 marks)
3)discuss the determinants of supply (20 marks)
4)Explain the Abnormal demand curve. (20 marks)
5)With the help of diagrams,explain three categories of elasticity of demand (20 marks)

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