Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Monopoly Oligopsony Duopsony Oligopoly Monopoly Oligopsony Duopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost In-place value Economic life Annuity Sunk cost In-place value Economic life Annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell 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 knowledge of the product the single vendor is the only one who has the permit to sell the single vendor gets the absolute franchise of the product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Exact simple interest Ordinary simple interest None of these Interest Exact simple interest Ordinary simple interest None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Inventory turnover Net sale Owner’s equity Quick assets Inventory turnover Net sale Owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Depletion Deflation Inflation Depreciation Depletion Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
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