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- Increase in price of the commodity
- Improved state of technology
- Availability of factors of production
- Decrease in the cost of production
- Favourable natural factors e.g. good rainfall
- Future expectation of a decrease in price
- Increase in price of a jointly supplied products
- Decrease in price of a product that competes with it for scarce resources (4 x 1mk = 4 mks)
- Limitations of using consumer initiated methods in consumer protection
- Lack of support from the government
- lack of sufficient information from consumer protection bodies
- ignorance on the part of the consumer
- lack of initiative on the part of consumers
- lack of capital to sponsor their programs
gideon1 answered the question on October 1, 2017 at 14:39
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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Date posted: October 1, 2017. Answers (1)
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2014 675
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Year Price (shs)
2010 450
2014 675
(i) Calculate the consumer price index
(ii) Comment on your answer.
Date posted: October 1, 2017. Answers (1)
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(ii)During the year ,the proprietor had taken goods worth sh 13500 per month for his own use
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Date posted: October 1, 2017. Answers (1)
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