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 Monopsony Oligopsony Monopoly Oligopoly Monopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5690.12 5937.5 5873.2 5712.4 5690.12 5937.5 5873.2 5712.4 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Balanced sheet Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: None of these (1 + i)(1/2n) (1 + i)n √(n + i) None of these (1 + i)(1/2n) (1 + i)n √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,549.64 P1,945.64 P1,459.64 P1,345.98 P1,549.64 P1,945.64 P1,459.64 P1,345.98 ANSWER DOWNLOAD EXAMIANS APP