Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Proprietorship Corporation Partnership Entrepreneurship Proprietorship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Product Demand Good Supply Product Demand Good Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Physical depreciation Design depreciation Functional depreciation Demand depreciation Physical depreciation Design depreciation Functional depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Bilateral monopoly Bilateral monopsony Monopoly Monopsony Bilateral monopoly Bilateral monopsony Monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To measure a firm’s ability to meet short-cut obligations All of these To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm To measure a firm’s ability to meet short-cut obligations All of these To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS