Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1029 0.1154 0.1219 0.1203 0.1029 0.1154 0.1219 0.1203 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Net revenue Total sales Net income Gross income Net revenue Total sales Net income Gross income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopoly Monopsony Oligopsony Monopoly Oligopoly Monopsony Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Perfect monopoly Ordinary monopoly Natural monopoly Bilateral monopoly Perfect monopoly Ordinary monopoly Natural monopoly Bilateral monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? EUAC Annual cost method Benefit-cost ratio Rate of return method EUAC Annual cost method Benefit-cost ratio Rate of return method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Interest Principal Simple interest Rate of interest Interest Principal Simple interest Rate of interest ANSWER DOWNLOAD EXAMIANS APP
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