Question
1 . Highlight four ways a trader benefits from localization of industries 2. State four factors that determine the size of a firm 3. Highlight
1 . Highlight four ways a trader benefits from localization of industries
2. State four factors that determine the size of a firm
3. Highlight four measures the government may take to promote delocalization in the country
4. Highlight four reasons why small scale businesses are popular in Kenya inspite of economies
of scale associated with large scale organizations
5. State five reasons for the existence of small firms in an economy
6. Give four ways in which a firm may achieve marketing economies of scale
7. Highlight five reasons why a firm may be located near the market for its products
8. Explain five reasons why the government may adopt the delocalization policy of locating
9. Discuss five factors that may account for the existence of small firms in an economy
10. Explain five factors that determine the size of a firm
11. Explain five factors that determine the decision of a firm on what good sand services
to produce
12. Explain five circumstances under which a firm may be located near the source of raw
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