Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Free market entry and exit All of these Homogeneous product Perfect information and absence of all economic friction Free market entry and exit All of these Homogeneous product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Capital recovery Uniform gradient future worth Single payment present worth Uniform series sinking fund Capital recovery Uniform gradient future worth Single payment present worth Uniform series sinking fund ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions All of these How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopoly Oligopsony Monopsony Oligopoly Monopoly Oligopsony Monopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP