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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?

Monopsony
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Market value
Fair value
Book value
Franchise value

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Engineering Economics
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;

Present Worth Annuity
Capital recovery annuity
Sinking fund annuity
Compound annuity

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Engineering Economics
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.

Share of stock
Equity
Return
Dividend

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

8% is the rate of interest per year
Both (A) and (B)
Money is borrowed for n = 7 years
Neither (A) nor (B)

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Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P37.56
P54.66
P44.55
P 62.44

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