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Engineering Economics

Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Monopoly
Oligopoly
Oligopsony
Monopsony

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Engineering Economics
What stock represents ownership and enjoys certain preferences than ordinary stock?

Presidential stock
Incorporator’s stock
Preferred stock
Authorized stock

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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 and demand
Law of demand
Law of supply
Law of diminishing return

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Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Stock pile
Buffer stock
Hoard stock
Withheld stock

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Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 236.20
P 212.90
P 231.56
P 222.67

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Engineering Economics
What is defined as the current assets minus inventories and prepaid expenses?

Price-earnings ratio
Return of investment ratio
Profit margin ratio
Quick ratio

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