Engineering Economics
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

P 4,820.00
P 4,880.00
P 4,840.00
P 4,860.00

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Engineering Economics
Perfect monopoly exists only if:

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

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