In each of the following three situations, use the binomial, poisson, or normal distribution depending on which is the most appropriate. In each case, explain why […]

You are provided with the following details: 1. Installing a system of ventilation in the factory. 2. Legal expenses incurred when acquiring a new building 3. […]

Timexa Limited provided the following details with respect to its fixed assets for the year of income 2005. 1. Building Sh. Class I Sh. Class II […]

Company A sells all its output to company B for Sh. 200 per unit. The cost of the sales per week in company A are given […]

Explain briefly the application of calculus to economic models, especially in the context of maximizing contribution and minimizing costs.

Mr. Manubhai works as a sales manager with Kenya Bats Limited. The following are his employment details for the year ended 31 December 2005. The company […]

i) Specify the rules relating to payment of Income tax under the Pay As You earn rules. ( 5 marks) (ii) What are the consequences of […]

Consider a hypothetical economy consisting of three sectors A, B and C with inputs and outputs for a particular period. The balanced transaction table has the […]

Briefly but clearly explain the purpose of Input- Output analysis.