Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Presidential stock Incorporator’s stock Preferred stock Authorized stock Presidential stock Incorporator’s stock Preferred stock Authorized stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Stock pile Buffer stock Hoard stock Withheld stock Stock pile Buffer stock Hoard stock Withheld stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20 P 212.90 P 231.56 P 222.67 P 236.20 P 212.90 P 231.56 P 222.67 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Price-earnings ratio Return of investment ratio Profit margin ratio Quick ratio Price-earnings ratio Return of investment ratio Profit margin ratio Quick ratio ANSWER DOWNLOAD EXAMIANS APP