Inspite of the benefits that accrue from privatizing public coporations, the government of Kenya has not fully done it and is still retaining some of its corporations. Explain five reasons the justify that retention.
Answer:
-Some provide essential goods and services such that if privatized , the public may be exploited by them
-Some are so sensitive and of security importance and therefore cannot be left in the hands of private sector.
-Retains so as to continue generating revenue to the government
-To avoid foreign domination as many Kenyans cannot afford such coporations
-To curb monopolistic practices by the private sector
-Some are so sensitive and of security importance and therefore cannot be left in the hands of private sector.
-Retains so as to continue generating revenue to the government
-To avoid foreign domination as many Kenyans cannot afford such coporations
-To curb monopolistic practices by the private sector
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Explain the following as used in satisfaction of human wants.
-Utility
-Producer goods
-Scarcity and choice
-Scale of preference 
