Engineering Economics Duopoly is a market situation where there is/are: Many sellers and few buyers Few sellers and many buyers One seller and few buyers Few sellers and few buyers Many sellers and few buyers Few sellers and many buyers One seller and few buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of interest Yield rate Economic return Rate of return Rate of interest Yield rate Economic return Rate of return 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 1,033 1,043 1,037 1,053 1,033 1,043 1,037 1,053 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation Currency depreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Proprietorship Corporation Partnership Entrepreneurship Proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
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