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1)Define venture capital


2)Outline three common characteristics Successful investments


3)Describe the Attributes of venture capital


4)Discuss the Role of Venture Capital in Economic Development


5)Explain the Reasons for Significant Growth in Venture Capital in the Developed Countries


6)Explain the Constraints of Venture Capital in Kenya 20MARKS

Where Do Our Federal Taxes Go?

Instructions: Please read the following article and identify one federal tax item you feel is the most important item that should be paid by your tax dollars. Please provide the reasons why you selected this item as the most important.

Extra Direction: Answer this prompt as if you were a sophomore in high school. (15-16 years old)

Requirements:

  1. Read the article on Federal Taxes.
  2. Research where your federal tax dollars go to.
  3. Identify one item you feel is the most important item for your dollars to be spent on.
  4. Please provide the reasons why you selected this item as the most important.

Suppose it costs XYZ Airline 120,000 dollars to fly its 500 - seater A380 passenger plane from Dubai to London. The flight service does not include drinks/meal. The passengers pay for food and drinks separately on demand.   

(a): What is the average cost of a Dubai – London seat on this plane?

(b): Currently XYZ airline charges 550 dollars for a Dubai-London ticket (economy) on this plane. Suppose 10 economy seats are left unsold when the plane is starting to board the passengers. A standby passenger offers to pay 250 dollars for a seat. Should the airline sell the ticket to this passenger at 250$? Yes or No? Briefly explain your reason.  


What does the invisible hand of the market place do?


What is the opportunity cost of doing a bachelor degree in business in a university?

Explain no more than 50 words.


Mr.Branganza, the CEO of ABC Ltd is carrying out a review of the company’s financial

performance for the year ended along with his functional managers. While reviewing

various indicators, he comes across one of the indicators as Receivable Turnover ratio

which shows as 4 for the current year as against 4.5 in the previous year. He turns

around to his CFO and asks” What would this mean in term of the collection cycle and

the number of days. Are we doing better or worse compared to the previous year? “What

should be CFO’s response?


Given U(x, y)=10x0.6y0.4 a) Marginal utility of the two commodities when x-2 and y= 3 (1 points). b) Find Marginal Rate of Substitution when x-y-2 (0.5 points).


Kristen and Anna live in the beach town of Santa Monica.




They own a small business in which they make wristbands




and pot holders and sell them to people on the beach. As




shown in the table on the following page, Kristen can make




15 wristbands per hour but only 3 pot holders. Anna is a bit




slower and can make only 12 wristbands or 2 pot holders in




an hour.

When the price of good A is P 40/ pair, the quantity for good B is 500 units. When the price increases by P 10 per unit, the demand for good B increases by 100 units. Compute the cross-price elasticity and determine the type of good.


What are the short run and long run production functions for Dell laptops?

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