Question: QUESTION FOUR Explain, the implication of perfect competition to a firm that is considering to invest in such an industry (15 marks). QUESTION FOUR

QUESTION FOUR Explain, the implication of perfect competition to a firm that

QUESTION FOUR Explain, the implication of perfect competition to a firm that is considering to invest in such an industry (15 marks). QUESTION FOUR Discuss the effects of privatization and liberalization policies on consumers welfare (15 marks). QUESTION SIX Discuss approaches which may be used to promote industrialization in Kenya (15 marks).

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QUESTION FOUR Implication of Perfect Competition for a Firm Considering Investment Perfect competition is a market structure characterized by a large number of buyers and sellers homogeneous products ... View full answer

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