1.Let a firm’s marginal cost curve be MC = 5 + Q/100. a. Find the profit maximizing quantity if this firm is a price taker and faces a price of P = $12. b. Find the profit maximizing quantity if this firm faces a marginal revenue curve of MR = 15 – Q/100 2.Let the […]

1.In infant mortality, the United States lags behind most of its peers in the industrialized world. A number of smaller, poorer nations also have lower rates of infant mortality than the United States does. How might sociologists explain this phenomenon?( I asked you all to consider why the United States has such a high mortality […]

1.How you are doing during the Coronavirus pandemic? What about your situation would you like to share? What have you been doing to make this time more tolerable? Give tips, ask for tips express your optimism, your fears. What experiences have you and your family and friends had?How are you getting geared up to successfully […]

1.Fisher and Ury talked about the importance of “separating the people from the problem”.Explain how PERCEPTION plays a role in this area. What are the advantages of dealing with your adversary’s perception? What are the disadvantages?2. Fisher and Ury suggested that you focus on Interests, not Positions. Discuss what was identified as the most powerful […]

1.Explain the money supply using the money multiplier and high powered money (10 marks) 2.Using a well-labelled diagram, explain the components of the financial system 3. Give at least four (4) types of universal banks (8 marks4. Discuss at least three (3) types of finance companies. Give an example of each in Kenya (3 marks)5. […]