Diploma in Agriculture module I: Agricultural Economics I and Extension Education past past paper July 2022 Answers

Answers for Agricultural Economics I and Extension Education past past paper July 2022

Course Name:  Agriculture
Also Done By:
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Course Level:  Diploma
Sub Level:       Module I
Course Unit:   Agricultural Economics I and Extension Education
Exam body:    KNEC
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1. Explain the four divisions of economics ()
2. Describe six characteristics of utility ()
3. Explain each of the following types of demand: (i)autonomous; (ii)derived; (iii)price; (iv)income; (^)cross. ()
4. Highlight five characteristics of a free market ()
5. Explain five effects of seasonal fluctuation in production of agricultural commodities ()
6. Describe five characteristics of money ()
7. Illustrate the long run average cost curve (LRAC) in relation to output ()
8. Explain how LRAC curve is arrived at. ()
9. Explain the changes in economies of scale along the LRAC curve ()
10. State five functions of money ()
11. Highlight five disadvantages of owner operated farming business ()
12. Explain five economic factors influencing types of farming ()
13. Describe the following types of leadership (i)authoritarian; (ii) Laissez-faire ()
14. Explain endogenous social change under the following: (i)meaning; (ii)source ()
15. Explain six sources of social change in a society ()
16. Highlight five features of professional ethics ()
17. Explain five principles that guide extension education ()
18. Explain five reasons that led to the failure of conventional agricultural extension approach ()
19. Differentiate between primary and secondary social groups ()
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