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 Oligopoly Monopsony Monopoly Oligopsony Oligopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Par value Return Equity Dividend Par value Return Equity Dividend 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? Services Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Physical depreciation Design depreciation Functional depreciation Demand depreciation Physical depreciation Design depreciation Functional depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract ANSWER DOWNLOAD EXAMIANS APP
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