LOCALIZATION OF INDUSTRIES, What is localization of industries? Localization of industries refers to the concentration of firms or industries producing similar products in an area. In other words, it is the establishment of many related industries or firms which produce similar goods in a particular location, e.g. many cement manufacturing firms could be located in …
mathematical approach to consumer theory. Most mathematical questions that may come from the consumer’s theory require a proper understanding of total utility (TU), marginal utility (MU) and average utility (AU), including their formulae as discussed in this post.. concept of utility read more about concept of economics here An incomplete schedule is usually presented and …
INDUSTRIAL CONCEPTS, DEFINITION OF INDUSTRIAL CONCEPT, Distinguish among the following concepts: Plant, Factory, Firm, Industry and Industrial estate., Explain the factors that influence the location of industries. Explain the advantages and dis-advantages of localization of industries. Explain the importance of industrialization in the development process. Discuss the different strategies of industrialization. Identify factors influencing the …
CHANGE IN QUANTITY SUPPLIED AND CHANGE IN SUPPLY, A change in the quantity supplied of a commodity means a movement from one point to another on a supply curve. read about distribution channels here The cause of the change in the quantity supplied is as a result of the change in the price of the …
change in quantity supplied and change in supply Read More »
proper ways to apply fertilizers and manures. there are also different types of fertilizers. for fertilizers to be effective, then there are certain factors ways to improve it’s potency PROPER WAYS USE FERTILIZERS APPLICATION OF INORGANIC MANURES OR FERTILIZERS Inorganic manures or fertilizers are chermical substances in of powder, granules or crystals which are added …
