Engineering Economics
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.

Status company
Known owners
Goodwill
Big income

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor can prevent the entry of all other vendors in the market
the single vendor gets the absolute franchise of the product
the single vendor is the only one who has the permit to sell

ANSWER DOWNLOAD EXAMIANS APP