Defination of wellness and statement of its dimensions with explanations.
What are the types of Elasticity of Demand in Economics? And mention the effect of price change on the quantity demanded of any commodity through a table.
What do you understand by Elasticity of Demand? And what are the factors that affecting Elasticity of Demand ? Illustrate.
"Under Indifference Curves Analysis, price ratio and MRS are equal to each other at the equilibrium point." Explain it.
What is Indiference Curves Technique in Economics?
Explain the fundamental assumptions of Indiference Curves?
Define 'Cardinal Utility Approach' and 'Ordinal Utility Approach' in Economics?
Explain clearly how 'Ordinal Utility Approach' is superior to 'Cardinal Utility Approach' ?
Give an analysis of Law Equi-Marginal Utility with suitable example?
How does a consumer attain equilibrium by way of Law of Diminishing Marginal Utility? Elaborate.
What is the meaning of consumer's surplus? How do we calculate it by the concept of Diminishing Utility? How do price changes affect consumer's surplus?
What do you understand by Utility in Economics? Explain.
What do understand by Want in Utility? And what are the characteristics of Want?
What do you understand by 'Law of Diminishing Marginal Utility'? And what are the assumptions of 'Law of Diminishing Marginal Utility' in Economics? Illustrate.
Discuss two main types of non- probalistic sampling ,giving examples on each type.
Please explain why did you come up with that answer.
How many counties are there in our country Kenya?
Please state some facts and specify the writer. Make it in a paragraph form.
Make it atlteast 150 words. Not outline form. Please also specify examples if necessary.