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.

0.1154
0.1029
0.1203
0.1219

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Perfect monopoly exists only if:

the single vendor gets the absolute franchise of the product
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 is the only one who has the permit to sell

ANSWER DOWNLOAD EXAMIANS APP