Economics

SERVICE INDUSTRY

SERVICE INDUSTRIES This is also known as the tertiary sector of industry.  It involves the provision of services to business as well as to the final consumers.Service involves doing something for the consumers, which could be personal or indirect services.   EXAMPLES OF SERVICE INDUSTRY Tourism attraction: This is concerned with all the activities of […]

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THEORY OF CONSUMER BEHAVIOUR

THEORY OF CONSUMER BEHAVIOUR The theory of consumer behaviour is also known as the theory of household behaviour.  It is primarily concerned with how the consumer or household tries to satisfy his/her wants by dividing his/her limited amount of income between the various commodities that give him equal amount of satisfaction.   WHAT IS UTILITY?

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MARKET STRUCTURE

In a physical sense, a market means a fixed place where people meet to buy and sell goods; that is, a market place. In economics, a market can be defined as any arrangement, system or organization whereby buyers and sellers of goods are services are brought into contact with one another for the purpose of

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LOCATION OF INDUSTRY

Location of industry refers to the siting of an industry in a particular place.                       Factors Influencing Industrial Location Generally, the location of industries is influenced by economic considerations though certain non-economic considerations also might influence the location of some industries. Maximization of profit which

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SCHEME OF WORK FOR CHEMISTRY SS 1

CHEMISTRY SS 1- FIRST TERM 1. Introduction to Chemistry 2. Particulate Nature of Matter 3. Symbols, Formulae and Equations 4. Chemical Combination 5. Gas Laws CHEMISTRY SS 1- SECOND TERM 1. Gas Laws (Cont’d) 2. Standard Separation Techniques for Mixtures 3. Acids, Bases and Salts 4. Water. CHEMISTRY SS 1- THIRD TERM 1. Carbon and

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