Engineering Economics Duopsony is a market situation where there is/are: One seller and few buyers Many sellers and few buyers Few sellers and many buyers Few sellers and few buyers One seller and few buyers Many sellers and few buyers Few sellers and many buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5050000 5010000 5025000 5000000 5050000 5010000 5025000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0812 0.0816 0.0824 0.0807 0.0812 0.0816 0.0824 0.0807 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + interest of first cost First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + interest of first cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula (1+i)^-n? Single payment present worth Capital recovery Single payment compound amount Uniform gradient future worth Single payment present worth Capital recovery Single payment compound amount Uniform gradient future worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product ANSWER DOWNLOAD EXAMIANS APP
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