Get premium membership and access questions with answers, video lessons as well as revision papers.
1. Public utilities; these are production entities which provide services like provision of water, electricity supply among others.
2. Trading companies; these are enterprises in the competitive environment that compete directly with the private companies in the same market.
3. Regulatory authorities; these are government organizations concerned with regulating quality and quantity of goods and services.
These authorities use government rules and regulations to ensure that business environment is conducive. Such organizations are National Environment Management Authority (NEMA) and Kenya Bureau of Standards (KEBS)
Dullayo answered the question on May 16, 2018 at 08:42
- State the objectives of State Owned Corporations/Enterprises(Solved)
State the objectives of State Owned Corporations/Enterprises.
Date posted: May 16, 2018. Answers (1)
- Discuss FIVE elements of Public Health Care in Kenya(Solved)
Discuss FIVE elements of Public Health Care in Kenya.
Date posted: May 16, 2018. Answers (1)
- Define the term “library catalogue” and explain its importance(Solved)
Define the term “library catalogue” and explain its importance.
Date posted: May 15, 2018. Answers (1)
- Assess the policy options for inequality in income distribution(Solved)
Assess the policy options for inequality in income distribution.
Date posted: May 15, 2018. Answers (1)
- Explain the reasons for the failure of State Owned Enterprises (SOEs).(Solved)
Explain the reasons for the failure of State Owned Enterprises (SOEs).
Date posted: May 15, 2018. Answers (1)
- Explain the critics of Keynesian economics(Solved)
Explain the critics of Keynesian economics.
Date posted: May 15, 2018. Answers (1)
- Discuss the essential ideas of Marginalist school of thought(Solved)
Discuss the essential ideas of Marginalist school of thought.
Date posted: May 15, 2018. Answers (1)
- Define the term price discrimination as used in economics and give the necessary conditions which must be fulfilled for the implementation of price discrimination(Solved)
Define the term price discrimination as used in economics and give the necessary conditions which must be fulfilled for the implementation of price discrimination.
Date posted: May 15, 2018. Answers (1)
- Outline 2 reasons why consumers may decide to save rather than spend their income.(Solved)
Outline 2 reasons why consumers may decide to save rather than spend their income.
Date posted: May 14, 2018. Answers (1)
- Explain any one model for analyzing farmer's behaviour under uncertainty(Solved)
Explain any one model for analyzing farmer's behaviour under uncertainty.
Date posted: May 13, 2018. Answers (1)
- Discuss the typical farm management decisions a farm operator makes(Solved)
Discuss the typical farm management decisions a farm operator makes.
Date posted: May 13, 2018. Answers (1)
- “Commercial banks are not only dealers of money but manufacturers of money and credit also.” Explain the statement.(Solved)
“Commercial banks are not only dealers of money but manufacturers of money and credit also.” Explain the statement.
Date posted: May 12, 2018. Answers (1)
- Distinguish between revenue expenditure and capital expenditure of a government budget.
Give two examples of each.(Solved)
Distinguish between revenue expenditure and capital expenditure of a government budget.
Give two examples of each.
Date posted: May 12, 2018. Answers (1)
- Explain the concept of deflationary gap. Also explain the role of “margin requirements” in reducing it(Solved)
Explain the concept of deflationary gap. Also explain the role of “margin requirements” in reducing it
Date posted: May 12, 2018. Answers (1)
- Explain the concept of inflationary gap. Also explain the role of “legal reserves” in reducing Inflationary gap. (Solved)
Explain the concept of inflationary gap. Also explain the role of “legal reserves” in reducing Inflationary gap.
Date posted: May 12, 2018. Answers (1)
- Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?(Solved)
Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?
Date posted: May 12, 2018. Answers (1)
- Define foreign exchange rate. How is it determined under flexible exchange rate system? (Solved)
Define foreign exchange rate. How is it determined under flexible exchange rate system?
Date posted: May 12, 2018. Answers (1)
- Write any three precautions to be taken while estimating national income by expenditure Method.(Solved)
Write any three precautions to be taken while estimating national income by expenditure Method.
Date posted: May 12, 2018. Answers (1)
- Giving reasons, explain the treatment assigned to the following while estimating national Income: (i) Social security contributions by employees.(ii)Pension paid after retirement.(Solved)
Giving reasons, explain the treatment assigned to the following while estimating national Income:
(i) Social security contributions by employees.
(ii)Pension paid after retirement.
Date posted: May 12, 2018. Answers (1)
- Explain how ‘non-monetary exchanges’ are a limitation in taking GDP as an index of welfare.(Solved)
Explain how ‘non-monetary exchanges’ are a limitation in taking GDP as an index of welfare.
Date posted: May 12, 2018. Answers (1)