Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Discrete method and depletion allowance method Rational method and irrational method Conservative method and conventional method Unit method and percentage method Discrete method and depletion allowance method Rational method and irrational method Conservative method and conventional method Unit method and percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Ledger Balanced sheet Worksheet Trial balance Ledger Balanced sheet Worksheet Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Present worth Annuity (PWA) is generally known as Future annuities All of these Premium annuities Income annuities Future annuities All of these Premium annuities Income annuities ANSWER DOWNLOAD EXAMIANS APP
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 151.09 P 150.56 P 152.88 P 153.89 P 151.09 P 150.56 P 152.88 P 153.89 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Interest rate Present worth factor Time value of money Yield Interest rate Present worth factor Time value of money ANSWER DOWNLOAD EXAMIANS APP