Economics Question Paper

Economics

Course:Diploma In Business Administration (Business Administration)

Institution: Machakos University question papers

Exam Year:2009

MACHAKOS TECHNICAL TRAINING INSTITUTE

END OF TERM 1 EXAM-NOV 2009

ECONOMICS

DIPLOMA IN: BUSINESS ADMINISTRATION, PERSONAL MANAGEMENT, PURCHASING & SUPPLIES MANAGEMENT, MARKETING, MANAGEMENT, ACCOUNTANCY, SECRETARIAL STUDIES & COMMUNITY DEVELOPMENT. INSTRUCTIONS:

Answer all the questions

1.Define the following concepts:

(i) Opportunity cost (2 marks)

(ii) Choice (2 marks)

(iii) Utility (2 marks)

(iv) Human wants (2 marks)

(v) Price (2 marks)

2.(a) State the law of demand and use a graph to represent it(6 marks)

(b) Explain any SEVEN factors that would cause a shift in demand curve for a commodity (14 marks)

3.Discuss the concept of price elasticity of demand (20 marks)

4.Explain in detail circumstances under which the law of demand may not hold (20 marks)
<

More Question Papers

Human Resource Management And Industrial Relations

Age 401 Environmental Conservation

Aht 201: Themes In African History

Aks 401: Second Language Learning

Ali 202: Literacy Theory And Criticism

All Diploma 1 Social Studies Past Paper

All Diploma 1'S End Of Term Exam Communication Skills

All Diploma Ones Social Studies Past Paper

Bac 202: Cost Accounting 1

Bms 101 : Introduction To Insurance

Bms 101: Introduction To Insurance

Bms 101: Introduction To Insurance

Business Administration Diploma 2 Cat 1 Commercial Law

Business Administration Diploma 2 Cat 1 Theory And Practice Management

Business Administration Diploma 2 Law Cat 2

Business Administration Diploma 2 Theory And Practice Management Cat 1

Business Administration Diploma Ii Theory And Practice Management

Commercial And Administration Law: Diploma In Ba

Commercial And Administrative Law Exam

Commercial And Administrative Law: End Of Term Examination

Commercial Law Cat 2 For Diploma In Business Administration

Communication And Report Writing Cat

Communication Skills (Cat 1)

Communication Skills Supplies Dip 1 End Of Term Exams

Communication Skills: Diploma In Food And Beverage Term 1

Diploma 1 Communication Skills C.A.T 1

Diploma 1 Ct, Mve, Mech, Coop, Ba, Supp, Hrm

Diploma 1 Ct, Mve, Mech, Coop, Ba, Supp, Hrm Communication Skills

Diploma 1 End Of Stage Exams Communication Skills

Diploma 1 Entrepreneurship Education Past Paper

Diploma 1 In Business Administration Communication Past Paper

Diploma 1 In Business Administration Communication Skills Past Paper

Diploma 1 In Business Administration Communication Skills Past Paper

Diploma 1 In Business Administration Communication Studies Past Paper

Diploma 1 In Business Administration Economics Past Paper

Diploma 1 In Business Administration Entrepreneurship Education Cat 1

Diploma 1 In Business Administration Entrepreneurship Education Past Paper

Diploma 1 In Business Administration Entrepreneurship Education Past Paper

Diploma 1 In Business Administration Entrepreneurship Education Past Paper

Diploma 1 In Business Administration Entrepreneurship Education Past Paper

Diploma 1 In Business Administration Human And Public Relations Cat 1

Diploma 1 In Business Administration Human And Public Relations Past Paper

Diploma 1 In Business Administration Law Cat

Diploma 1 In Business Administration Law Cat

Diploma 1 In Business Administration Office Administration And Management Past Paper

Diploma 1 In Business Administration Office Administration And Management Past Paper

Diploma 1 In Business Administration Quantitative Methods C.A.T

Diploma 1 In Business Administration Social Studies Past Paper

Diploma 1 In Business Administration Social Studies Past Paper

Diploma 1 In Business Administration Social Studies Past Paper

Exams With Marking Schemes

Popular Exams

Mid Term Exams

End Term 1 Exams

End Term 3 Exams

Opener Exams

Full Set Exams

Return to Question Papers

Quick Links