Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly Monopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P693.12 P700.12 P705.42 P702.15 P693.12 P700.12 P705.42 P702.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction manager uses the estimate of the project To develop bids on the project To control the project during its construction To tell the owner of the project to take his/her financial decision All of these To develop bids on the project To control the project during its construction To tell the owner of the project to take his/her financial decision All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: All of these Cost per square metre Cost per function method Base unit method All of these Cost per square metre Cost per function method Base unit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost accounting Cost of goods sold Overhead cost Standard cost Cost accounting Cost of goods sold Overhead cost Standard cost ANSWER DOWNLOAD EXAMIANS APP
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