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Engineering Economics

Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Net income
Net revenue
Total sales
Gross income

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,540.56
P 2,544.45
P 2,500.57
P 2,504.57

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Engineering Economics
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

P 150.56
P 152.88
P 153.89
P 151.09

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Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Oligopoly
Oligopsony
Duopsony
Monopoly

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Engineering Economics
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?

Interest rate
Rate of return
Return of investment
Yield

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Engineering Economics
Duopsony is a market situation where there is/are:

Few sellers and few buyers
Few sellers and many buyers
One seller and few buyers
Many sellers and few buyers

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