Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopoly Monopsony Oligopsony Oligopoly Monopoly Monopsony Oligopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Annuity In-place value Economic life Sunk cost Annuity In-place value Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 10 years 8 years 7 eyars 9 years 10 years 8 years 7 eyars ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Commodities Services Goods Goods or commodities Commodities Services Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Uniform series sinking fund Capital recovery Uniform gradient future worth Single payment present worth Uniform series sinking fund Capital recovery Uniform gradient future worth Single payment present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
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