Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Sinking fund annuity Present Worth Annuity Compound annuity Capital recovery annuity Sinking fund annuity Present Worth Annuity Compound annuity Capital recovery annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? No-limit competition Free-for-all competition Atomistic competition Heterogeneous market No-limit competition Free-for-all competition Atomistic competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5712.4 5873.2 5690.12 5937.5 5712.4 5873.2 5690.12 5937.5 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Money is borrowed for n = 7 years 8% is the rate of interest per year Both (A) and (B) Neither (A) nor (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Both (A) and (B) Neither (A) nor (B) 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? Monopsony Oligopsony Oligopoly Monopoly Monopsony Oligopsony Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP