Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Partnership Corporation Entrepreneurship Sole proprietorship Partnership Corporation Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Utility Commodity Stock Necessity Utility Commodity Stock Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1632 0.1602 0.1628 0.1647 0.1632 0.1602 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Stockholders Partnership Corporation Investors Stockholders Partnership Corporation Investors ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Producer products Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.0 hour per unit 1.4 hours per unit 1.6 hours per unit 1.2 hours per unit 1.0 hour per unit 1.4 hours per unit 1.6 hours per unit 1.2 hours per unit ANSWER DOWNLOAD EXAMIANS APP
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