INTERMEDIATE MICRO- ECONOMICS

QUESTION ONE   Highlight the axioms of consumer preference. (3mks) Distinguish between a good and a bad. (2mks) Distinguish between the weak axiom of revealed preferences and strong axiom of revealed preference.                                                 (2mks) Given a Cobb-Douglas utilityfunction of U=x15X20.5. Required: Read More …

Share this:

ECONOMICS OF MONEY AND  BANKING

Question One What is inflation (2mks) Outline the economic effects of high inflation level (8mks) Explain any three types of inflation according to cause and indicate clearly what the main causes of each are.             (9mks) Explain specific policies to Read More …

Share this:

ECONOMIC STATISTICS II

Question One The Gaussiansdistributions (Normal distribution) for random variables tend to have density curves that resemble one another in their physical condition. Explain in details the five main properties underlined in the General Normal Distribution.             (10mks) Students at the Read More …

Share this:

BIT 4405 EXPERT SYSTEMS KCA Past Paper

UNIVERSITY EXAMINATIONS: 2013/2014 ORDINARY EXAMINATION FOR THE BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY BIT 4405 EXPERT SYSTEMS DATE: APRIL, 2014 TIME: 2 HOURS INSTRUCTIONS: Answer Question ONE and any other TWO QUESTION ONE a) Explain the following concepts i) Expert Read More …

Share this:

BASIC MATHEMATICS

QUESTION ONE (i) Compute |x-2| for x= -3, x= 0 and x= 4. (3mks) (ii)            The area of a square with sides of length x is x2. What is the area if the sides are doubled?                                                          (2mks) (iii)           If Read More …

Share this: