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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
Monopsony
Monopoly
Oligopsony

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Engineering Economics
What bond whose security is a mortgage on certain specified assets of the corporation?

Debenture bond
Collateral trust bond
Mortgage bond
Registered bond

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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 demand
Law of diminishing return
Law of supply
Law of supply and demand

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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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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?

P700.12
P693.12
P705.42
P702.15

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Engineering Economics
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

Luxury
Producer products
Consumer products
Necessity

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Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Foreign exchange
Cash or check
Currency
Monetary unit

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