Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Exact simple interest Ordinary simple interest None of these Interest Exact simple interest Ordinary simple interest None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Office Mall Store Market Office Mall Store Market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Oligopsony Monopoly Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly 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 A uniform series of payment occurring at equal interval of time is called ______. Depreciation Annuity Amortization Bond Depreciation Annuity Amortization Bond ANSWER DOWNLOAD EXAMIANS APP
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