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 The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Fair value Good will value Market value Book value Fair value Good will value Market value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Each financial ratio is generally compared by A ratio developed by using the projected financial statement of the firm All of these A past ratio calculated from the past financial standard of the firm A ratio of some selected firms most progressive and successful at the point of consideration A ratio developed by using the projected financial statement of the firm All of these A past ratio calculated from the past financial standard of the firm A ratio of some selected firms most progressive and successful at the point of consideration ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Depreciation Inflation Deflation Depletion Depreciation Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Good Supply Product Demand Good Supply Product Demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP