Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Oligopsony Oligopoly Duopsony Monopoly Oligopsony Oligopoly Duopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopsony Monopoly Perfect competition Oligopoly Oligopsony Monopoly Perfect competition Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.60 % compounded annually 11.90 % compounded annually 12.35 % compounded annually 12.20 % compounded annually 11.60 % compounded annually 11.90 % compounded annually 12.35 % compounded annually 12.20 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1632 0.1647 0.1628 0.1602 0.1632 0.1647 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Simple interest Rate of interest Interest Principal Simple interest Rate of interest Interest Principal ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Oligopsony Oligopoly Monopoly Perfect competition Oligopsony Oligopoly Monopoly Perfect competition ANSWER DOWNLOAD EXAMIANS APP