Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? All of these Homogeneous product Free market entry and exit Perfect information and absence of all economic friction All of these Homogeneous product Free market entry and exit Perfect information and absence of all economic friction ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,043 1,033 1,053 1,037 1,043 1,033 1,053 1,037 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2890 2712 2632 2.59 2890 2712 2632 2.59 ANSWER DOWNLOAD EXAMIANS APP
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 2,500.57 P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 P 2,544.45 P 2,504.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation ANSWER DOWNLOAD EXAMIANS APP