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 Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopoly Oligopsony Monopsony Oligopoly Monopoly Oligopsony Monopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Registered bond Mortgage bond Collateral trust bond Debenture bond Registered bond Mortgage bond Collateral trust bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator To signal immediate warning of uneconomic operations To promote cost consciousness All of these To provide a feed back to the estimator To signal immediate warning of uneconomic operations To promote cost consciousness All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,654.04 P 7,420.89 P 7,731.29 P 7,590.12 P 7,654.04 P 7,420.89 P 7,731.29 P 7,590.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Investors Stockholders Partnership Corporation Investors Stockholders Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
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