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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
Monopoly
Monopsony
Oligopsony

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Engineering Economics
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?

The initial deprecation is high
The initial depreciation is low
Rate of interest cannot be exactly determined
Unstable economy

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Engineering Economics
What market situation exists where there are few sellers and few buyers?

Bilateral Oligopsony
Oligopoly
Bilateral oligopoly
Oligopsony

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Engineering Economics
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.

Monthly
Annually
Bimonthly
Quarterly

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Engineering Economics
One banker’s year is equivalent to ______ days.

365
360
366
300

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,250.00
P 9,228.45
P 9,308.45
P 9,358.41

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