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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?

Oligopoly
Monopsony
Oligopsony
Monopoly

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Engineering Economics
Capitalized cost of a project is also known as ______.

Infinite cost
Life cost
Life cycle cost
Project cost

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Engineering Economics
What are the two classifications of goods and services?

Ready-made and made-to-order
Consumer and producer
Raw and finished
Local and imported

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Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

0.2917
0.3012
0.3078
0.2833

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Oligopsony
Duopsony
Monopoly
Oligopoly

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Engineering Economics
What is the term for an annuity with a fixed time span?

Annuity certain
Perpetuity
Annuity due
Ordinary annuity

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