Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 KCSE business studies paper 1 revision questions and answers Set 3

Outline Four circumstances under which gaps in the market may be identified

 (2m 24s)
1788 Views     SHARE

Download as pdf file

Answer Text:
-When goods offered in the market are inadequate
-When goods offered are of poor quality.
-Where goods are not available in the market
-When prices charged for goods are high
-When the services needed by consumers are lacking e.g credit facilities, after sale service etc.


|