Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Yield Economic return Gain Earning value Yield Economic return Gain Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Market value Fair value Good will value Book value Market value Fair value Good will value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The financial health of the company is measured in terms of: All of these Solvency Liquidity Relative risk All of these Solvency Liquidity Relative risk 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 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 Law of demand ANSWER DOWNLOAD EXAMIANS APP