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Engineering Economics

Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Discount
Depletion
Deduction
Inflation

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Engineering Economics
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:

Law of supply and demand
Law of demand
Law of diminishing return
Law of supply

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Engineering Economics
Duopoly is a market situation where there is/are:

Many sellers and few buyers
Few sellers and many buyers
Few sellers and few buyers
One seller and few buyers

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Engineering Economics
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

P 142,189.67
P 143,104.89
P 143,999.08
P 142,999.08

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Engineering Economics
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.

Goodwill
Status company
Known owners
Big income

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P19,100
P19,000
P18,900
P18,000

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