Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Monopoly Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopoly is a market situation where there is/are: 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 Many sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Revenue credit Credible credit Due credit Tax credit Revenue credit Credible credit Due credit Tax credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Stock Commodity Utility Necessity Stock Commodity Utility Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Bond Certificate of deposit Time deposit Capital gain certificate Bond Certificate of deposit Time deposit Capital gain certificate ANSWER DOWNLOAD EXAMIANS APP
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