Engineering Economics Salvage value is sometimes known as ______. Second-hand value Scrap value Going value Junk value Second-hand value Scrap value Going value Junk value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as None of these Definitive estimate Conceptual estimate Probabilistic estimate None of these Definitive estimate Conceptual estimate Probabilistic estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Functional depreciation Physical depreciation Design depreciation Demand depreciation Functional depreciation Physical depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Trust bond Joint bond Common bond Debenture bond Trust bond Joint bond Common bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP