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ENGINEERING ECONOMICS QUIZ

Duopsony is a market situation where there is/are:

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What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?

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A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries.

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The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

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What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

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Duopoly is a market situation where there is/are:

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Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

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What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

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The process of determining the value or worth of a physical property for specific reason is called ______.

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A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.

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