Human wants Revision Questions and answers
- State 4 characteristics of basic wants – Suggested answers
- Highlight 4 characteristics of capital as a factor of production – Suggested answers
- State 4 rewards of labour as a factor of production – Suggested answers
- Outline 4 difficulties faced in satisfaction of human wants – Suggested answers
- State 4 reasons why consumers have to make choices between competing wants – Suggested answers
- State 4 ways in which a firm can improve the productivity of its human resource – Suggested answers
- Outline 4 ways in which economic resources are useful to Kenya – Suggested answers
- State four difficulties consumers face when satisfying human wants – Suggested answers
- Mention 4 features which qualifies food as a primary want – Suggested answers
- Outline 4 reasons to account for continuous existence of direct production in modern society – Suggested answers
- State 4 characteristics of labor as a factor of production – Suggested answers
- State 4 reasons why shelter is a basic want. – Suggested answers
- State 4 characteristics of human wants – Suggested answers
- State 4 reasons why consumers try to satisfy basic wants before secondary wants – Suggested answers
- State 4 occupations a person may engage in at the primary level of production – Suggested answers
- State 4 ways in which clothing satisfies human wants – Suggested answers
- Highlight four situations in which the opportunity cost concept may be used – Suggested answers
- State four features of economic resources – Suggested answers
- Outline four benefits accrued from application of modern technology in the production sector – Suggested answers
- Explain the benefits of indirect production to a consumer – Suggested answers
- Explain five benefits that may accrue to a producer who encourages division of labour and specialization – Suggested answers
- Explain four types of utilities created by production – Suggested answers
- Highlight four measures a consumer may under take to satisfy the unlimited wants – Suggested answers
- Highlight 4 reasons for making choices between competing wants – Suggested answers
- Explain five features of human want apart from the fact that they require resources to satisfy. – Suggested answers
- Explain 5 characteristics of economic resources – Suggested answers
- Explain some of the problems encountered by consumers as they try to satisfy their wants. – Suggested answers
Other Topical questions and answers
- Introduction to Business Studies Revision Questions and answers
- Business and its Environment Revision Questions and answers
- Satisfaction of Human wants Revision Questions and answers
- Production Revision Questions and answers
- Entrepreneurship Revision Questions and answers
- Managing a business Revision Questions and Answers
- Office Revision Questions and answers
- Home trade Revision Questions and Answers
- Forms of Business Units Questions and Answers
- Government and business Revision Questions and Answers
- Transport Revision Questions and Answers
- Communication Revision Questions and Answers
- Warehousing Revision Questions and Answers
- Insurance Revision Questions and Answers
- Product promotion Revision Questions and Answers
- Demand and supply Revision Questions and Answers
- The theory of the firm Revision Questions and Answers
- Product markets Revision Questions and Answers
- Chain of distribution Revision Questions and Answers
- National income Revision Questions and Answers
- Population and employment Revision Questions and Answers
- Money and banking Revision Questions and Answers
- Public finance Revision Questions and Answers
- Inflation Revision Questions and Answers
- International trade Revision Questions and Answers
- Economic development and planning Revision Questions and Answers
(Visited 13,370 times, 1 visits today)