August 4, 2021

Market demand and market supply functions

Assume there are 10,000 identical individuals (consumers) in the market for commodity x each with a demand function given by Qdx = 12 – 2Px and […]
August 3, 2021

Costs of production

(a) Make a distinction between fixed and variable costs of production. Give examples of each. (5 marks) (b) In a perfectly competitive market the average revenue […]
August 3, 2021

Payments of Value Added Tax

Jenga Engineers and Associates is a firm of engineers and designers. In the year of income 2005 they earned professional fee of Sh.7,500,000 before VAT. Their […]
August 3, 2021

Tax matters relating to Export Processing Zones

Write brief notes on the following: i) Stamp duty; ( 6 marks) (ii) Tax matters relating to Export Processing Zones. ( 6 marks)
August 3, 2021

Notes on economic concepts

Write brief notes on the following economic concepts: (a) Choice , Scarcity and opportunity cost. (5 marks) (b) Exchange rate. (5 marks) (c ) Producer‟s surplus. […]
August 3, 2021

Series analysis

(i) What are the aims of time series analysis? (2 marks) (ii) Describe what a „season‟ is in the context of a time series and give […]
August 3, 2021

Main sources of monopoly powers and revenue curve in a monopolistic firm

(a) State the main sources of monopoly powers. (5 marks) (b) Explain why the marginal revenue curve lies below the average revenue curve in a monopolistic […]
August 3, 2021

causes of demotivation and suggest ways to improve motivation and employee engagement

Assume that your proposal to do research has met with success, and you will be paid to do the proposed research project. Commence researching as you […]
August 3, 2021

The audit work

Your firm is the auditor of Shah Engineering Ltd, and you have been asked to suggest the audit work you will carry out in verifying trade […]
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