Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as Conceptual estimate Definitive estimate None of these Probabilistic estimate Conceptual estimate Definitive estimate None of these Probabilistic estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
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. P19,000 P18,900 P18,000 P19,100 P19,000 P18,900 P18,000 P19,100 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Enterprise Partnership Sole proprietorship Corporation Enterprise Partnership Sole proprietorship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral Oligopsony Bilateral oligopoly Oligopsony Oligopoly Bilateral Oligopsony Bilateral oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
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