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Engineering Economics

Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 7738
Rs. 6638
None of these
Rs. 5638

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Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Funds
Liabilities
Assets
Capital

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Engineering Economics
The original record of a business transaction is recorded in this book.

Journal
Account book
Work book
Ledger

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Oligopoly
Oligopsony
Monopoly
Perfect competition

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Engineering Economics
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:

a - (n - 1) b
a + (n - 1) b
a + (n + 1) b
a × (n - 1) b

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Engineering Economics
What represents the share of participation in business organizations?

Partnership
Stock
Corporation
Franchise

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