Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net revenue Gross income Net income Total sales Net revenue Gross income Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Enterprise Partnership Corporation Cooperative Enterprise Partnership Corporation Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 366 365 360 300 366 365 360 300 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopoly is a market situation where there is/are: Few sellers and few buyers One seller and few buyers Many sellers and few buyers Few sellers and many buyers Few sellers and few buyers One seller and few buyers Many sellers and few buyers Few sellers and many buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Profitability ratio Turnover ratio Liquidity ratio All of these Profitability ratio Turnover ratio Liquidity ratio All of these ANSWER DOWNLOAD EXAMIANS APP
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