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-Leads to congestion
- Cause pollution
- Increase social evils
-Leads to widespread unemployment
-Can lead to economic depression during times of war, calamities
Githiari answered the question on September 21, 2017 at 12:24
- Outline four ways in which the price of goods and services can be determined in the marketother than through the forces of demand and supply...(Solved)
Outline four ways in which the price of goods and services can be determined in the market
other than through the forces of demand and supply curve.
Date posted: September 21, 2017. Answers (1)
- Outline four factors that may cause a decrease in the quantity demand for a product(Solved)
Outline four factors that may cause a decrease in the quantity demand for a product
Date posted: September 21, 2017. Answers (1)
- State four factors that may cause an increase in the supply of a product(Solved)
State four factors that may cause an increase in the supply of a product
Date posted: September 21, 2017. Answers (1)
- In each of the following cases, indicate whether the supply will increase, decrease or remain
constant.
a) If the demand for coffee rises, the supply of tea...(Solved)
In each of the following cases, indicate whether the supply will increase, decrease or remain
constant.
a) If the demand for coffee rises, the supply of tea is likely to
b) If the prices of cars fall, the supply of petrol as likely to
c) if the demand for beef increases the supply of wool is likely to
Date posted: September 21, 2017. Answers (1)
- Indicate by writing a demand or supply whether each of the following factors influence demand
or supply of a commodity.
a) Changes in the prices of...(Solved)
Indicate by writing a demand or supply whether each of the following factors influence demand
or supply of a commodity.
a) Changes in the prices of inputs
b) Change in tastes and preferences.
c) Changes in technology
d) Changes in outcomes
e) Changes on the price of other related products.
Date posted: September 21, 2017. Answers (1)
- Advertising in the newspaper is one way of promoting sales of goods. Highlight five limitations
of advertising goods in newspapers(Solved)
Advertising in the newspaper is one way of promoting sales of goods. Highlight five limitations
of advertising goods in newspapers
Date posted: September 21, 2017. Answers (1)
- What are the benefits accruing to a seller who uses personal selling methods to promote her
products.(Solved)
What are the benefits accruing to a seller who uses personal selling methods to promote her
products.
Date posted: September 21, 2017. Answers (1)
- Explain the role of a sales department in a business firm(Solved)
Explain the role of a sales department in a business firm
Date posted: September 21, 2017. Answers (1)
- A multinational company is planning to launch its products in the local Kenyan market.
Highlight the factors that should be considered by the company when choosing...(Solved)
A multinational company is planning to launch its products in the local Kenyan market.
Highlight the factors that should be considered by the company when choosing the appropriate media
through which to advertise the products
Date posted: September 21, 2017. Answers (1)
- Outline five ways of attracting customers that traders may put into use(Solved)
Outline five ways of attracting customers that traders may put into use
Date posted: September 21, 2017. Answers (1)
- Describe the procedures involved in personal selling methods of sales promotion.(Solved)
Describe the procedures involved in personal selling methods of sales promotion.
Date posted: September 21, 2017. Answers (1)
- Abdullah, a manufacturer, exhibited his goods in a local trade shows. However his sales did not
increase significantly thereafter. Outline five reasons that may have led...(Solved)
Abdullah, a manufacturer, exhibited his goods in a local trade shows. However his sales did not
increase significantly thereafter. Outline five reasons that may have led to lack of significant sales
increase.
Date posted: September 21, 2017. Answers (1)
- Highlight four limitations of after sales services as a method of promoting products(Solved)
Highlight four limitations of after sales services as a method of promoting products
Date posted: September 21, 2017. Answers (1)
- Identify four disadvantages of advertising through television in Kenya(Solved)
Identify four disadvantages of advertising through television in Kenya
Date posted: September 21, 2017. Answers (1)
- State four circumstances under which a trader would advertise his products over the radio
instead of the television(Solved)
State four circumstances under which a trader would advertise his products over the radio
instead of the television
Date posted: September 21, 2017. Answers (1)
- Outline four steps involved in personal selling process(Solved)
Outline four steps involved in personal selling process
Date posted: September 21, 2017. Answers (1)
- State four ways in which consumers benefits from advertising by business people(Solved)
State four ways in which consumers benefits from advertising by business people
Date posted: September 21, 2017. Answers (1)
- Explain four ways in which the insurance industry contributes to the development of Kenya’s
economy.(Solved)
Explain four ways in which the insurance industry contributes to the development of Kenya’s
economy.
Date posted: September 20, 2017. Answers (1)
- Discuss various insurance policies under which an insurance company would not compensate
the insured in the event of the loss.(Solved)
Discuss various insurance policies under which an insurance company would not compensate
the insured in the event of the loss.
Date posted: September 20, 2017. Answers (1)
- Discuss various insurance policies that the owner of a supermarket may find it useful for the
business.(Solved)
Discuss various insurance policies that the owner of a supermarket may find it useful for the
business.
Date posted: September 20, 2017. Answers (1)