Reduce the taxes levied on producers - This causes a reduction in the cost of production hence motivating producers to increase production.
Increase subsidies - The government meets part of the production cost hence making production more affordable.
Eliminating quotas on production - By not limiting the quantity of goods to be produced, the producers are free to supply as much as they can to the market.
Setting favourable producer prices - The government fixes the prices at a high level which encourages emergence of new producers/ expansion of existing ones.
Improving access to credit - The government extends loans to producers through bodies like K.I.E., IDB and ICDC to boost investment in production.
Facilitating marketing - The government may form agencies that buy produce to cushion producers and stabilize selling prices e.g. through NCPB
Availing new research ?ndings and technology to producers - New methods of production from government research bodies like KARI
lemass answered the question on January 15, 2019 at 19:39
- Describe five channels of distribution that a Kenyan manufacturer would use to ensure her goods reach consumers in another country(Solved)
Describe five channels of distribution that a Kenyan manufacturer would use to ensure her goods reach consumers in another country.
Date posted: January 15, 2019. Answers (1)
- Explain five ways in which the internal environment may contribute to the success of a business enterprise(Solved)
Explain five ways in which the internal environment may contribute to the success of a business enterprise.
Date posted: January 15, 2019. Answers (1)
- List 4 items of information contained in article of association of a company(Solved)
List 4 items of information contained in article of association of a company.
Date posted: December 30, 2018. Answers (1)
- Write any two Social responsibilities of business towards employees(Solved)
Write any two Social responsibilities of business towards employees.
Date posted: December 29, 2018. Answers (1)
- Mention four benefits of recycling waste production(Solved)
Mention four benefits of recycling waste production
Date posted: December 28, 2018. Answers (1)
- Which one of these is not a factor of production? (a) labour (b) plan (c) land (d) entrepreneurship (Solved)
Which one of these is not a factor of production?
a) labour
b) plan
c) land
d) entrepreneurship
Date posted: December 20, 2018. Answers (1)
- Explain factors that undermine entrepreneurship(Solved)
Explain factors that undermine entrepreneurship
Date posted: December 20, 2018. Answers (1)
- Outline four functions of the International Bank for Reconstruction and Development.(Solved)
Outline four functions of the International Bank for Reconstruction and Development.
Date posted: December 18, 2018. Answers (1)
- Keith owned a motor vehicle valued at Sh.2,000,000.He comprehensively insured the car at Sh.1,200,000.The motor vehicle was involved in an accident and declared a write...(Solved)
Keith owned a motor vehicle valued at Sh.2,000,000.He comprehensively insured the car at Sh.1,200,000.The motor vehicle was involved in an accident and declared a write off.Calculate the amount Keith should get from the insurer.
Date posted: December 4, 2018. Answers (1)
- Highlight four indicators of economic growth that may be observed as a country progresses(Solved)
Highlight four indicators of economic growth that may be observed as a country progresses.
Date posted: November 30, 2018. Answers (1)
- Outline four circumstances under which goods may be transported by use of containers(Solved)
Outline four circumstances under which goods may be transported by use of containers.
Date posted: November 30, 2018. Answers (1)
- Explain why both leadership and management skills are foundational for leading an organization(Solved)
Explain why both leadership and management skills are foundational for leading an organization.
Date posted: November 30, 2018. Answers (1)
- Give five reasons contributing to the increased use of Mpesa(Solved)
Give five reasons contributing to the increased use of Mpesa.
Date posted: November 30, 2018. Answers (1)
- Factors determining the amount of money held for speculative motives.(Solved)
Factors determining the amount of money held for speculative motives.
Date posted: November 29, 2018. Answers (1)
- Fiscal policies the government can use to increase employment opportunities.(Solved)
Fiscal policies the government can use to increase employment opportunities.
Date posted: November 29, 2018. Answers (1)
- List down the factors of production and the rewards for each?
(Solved)
List down the factors of production and the rewards for each?
Date posted: November 28, 2018. Answers (1)
- Using a well labelled graph explain concept market equilibrium(Solved)
Using a well labelled graph explain concept market equilibrium
Date posted: November 20, 2018. Answers (1)
- Five characteristics of good entrepreneur(Solved)
Five characteristics of good entrepreneur.
Date posted: November 20, 2018. Answers (1)
- Explain circumstances under which a manufacturer would use informative advertising(Solved)
Explain circumstances under which a manufacturer would use informative advertising
Date posted: November 20, 2018. Answers (1)
- Conditions a trader should take before availing credit to a new consumer(Solved)
Conditions a trader should take before availing credit to a new consumer.
Date posted: November 20, 2018. Answers (1)