Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Enterprise Corporation Cooperative Partnership Enterprise Corporation Cooperative Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Homogeneous product Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product Free market entry and exit All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Present work Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed Present work Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: All of these For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract All of these For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract ANSWER DOWNLOAD EXAMIANS APP
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