PRESIDENT OFFICE REGIONAL ADMINISTRATION
AND LOCAL GOVERNMENT
SECONDARY EXAMINATION SERIES
COMPETENCE BASED ASSESSMENT
COMMERCE FORM ONE
MID TERM EXAMS-AUG– 2023
Instructions
SECTION A (15 Mrks)
A) Retail trade B) Wholesale trade C) Foreign trade D) Home trade
A) Labour B) Laborer C) Profit D) Interest
A) Import trade B) Export trade C) Foreign trade D) Home trade
A) WarehousingB) InsuranceC) TradeD) Commerce
A) Labour B) Employees C) Entrepreneurs D) Producers
A) Skilled labourB)Unskilled labourC)Semi – Skilled labourD) Labour
A) Land B) Labour C) Entrepreneurship D) Capita { }
A) Primary, Secondary and Tertiary B) Secondary, Tertiary and Primary
C) Tertiary, Primary and Secondary D) Primary, Tertiary and Secondary
A) Mining B) Lumbering C) Fishing D)Cooking Oil production
A) Service B) Trade C) Commerce D) Utility
Answers
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LIST A | LIST B |
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SECTION B (70 Marks)
Answer all questions.
Output | FC | VC | TC | AVC | AFC | ATC |
2 | 2,000 | - | 8,000 | - | 1,000 | 4,000 |
4 | - | 10,000 | 12,000 | - | - | - |
5 | 4,000 | 3,000 | - | 600 | 8,00 | |
8 | 2,000 | - | 5,000 | 375 | - | 625 |
SECTION C (15 Marks)
Answer question ten (10) questions in easy form
1
FORM ONE COMMERCE EXAM SERIES 140
FORM ONE COMMERCE EXAM SERIES 140
THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
COMPETENCY BASED SECONDARY EXAMINATION SERIES
COMMERCE MARKING SCHEME
FORM ONE- SEPT 2022
Instructions
SECTION A (20 Marks)
Answer ALL questions in this section
c) Insurance d) warehousing
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Column A | Column B |
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SECTION B (70 marks)
Answer all questions in this section
(b) What is elasticity of demand and how it can be calculated?
(b) Explain four (4) functions of entrepreneur of a business
(b) Give the benefits of self-employment to an individual
9. Explain qualities of a good retailer
SECTION C (15 MARKS)
10. Describe characteristics of land as a factor of production.
FORM ONE COMMERCE EXAM SERIES 108
FORM ONE COMMERCE EXAM SERIES 108