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 You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P54.66 P 62.44 P37.56 P44.55 P54.66 P 62.44 P37.56 P44.55 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Consumer and producer Raw and finished Local and imported Ready-made and made-to-order Consumer and producer Raw and finished Local and imported Ready-made and made-to-order ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Expected return Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S (1 + i)n S (1 + i)1/n None of these S/(1 + i)n S (1 + i)n S (1 + i)1/n None of these S/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
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