Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopsony Oligopsony Monopoly Oligopoly Monopsony Oligopsony Monopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Interest Simple interest Rate of interest Principal Interest Simple interest Rate of interest Principal 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 Gross margin is the ratio of the gross profit to ______. Quick assets Net sale Inventory turnover Owner’s equity Quick assets Net sale Inventory turnover Owner’s equity ANSWER DOWNLOAD EXAMIANS APP
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