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 1,000 identical producers of commodity x, each with a supply function which takes the form Qsx = 20 Px. Required: (i) Determine the market […]
August 3, 2021

Finding funders

Paper details: Using the information from Organization Overview you will: Locate 5 funding sources for your project. Describe the project need and proposed program/service to address the need. (2 paragraphs)
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 and average cost functions are: AR = K1Q – K2 and AC = K1 – K2 respectively. Q K1, K2 are constants Q is […]
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 accounts show the following expenses: Sh. Medical services Accountancy and audit Legal services Design materials Salaries and wages Depreciation 180,000 225,000 300,000 1,600,000 2,410,000 […]
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. (5 marks) (d) Isoquants. (5 marks)
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 some examples. (2 marks) (iii) Describe the stages in obtaining a time series trend using the method of semi-averages. (2 marks) (iv) Why must […]
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 firm (3 marks) (c) Illustrate diagrammatically the output levels for both profit-maximizing and the loss making monopolist firm in the short-run. Give brief explanations. […]
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 were asked to by your employer for the topic you selected. As you do your research, you are asked to: Keep research notes – […]