Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopoly Oligopsony Oligopoly Monopsony Monopoly Oligopsony Oligopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners nay sell stock to generate additional capital The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Franchise value Fair value Book value Market value Franchise value Fair value Book value Market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1944 0.1961 0.1931 0.1972 0.1944 0.1961 0.1931 0.1972 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: None of these S (1 + i)1/n S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n S (1 + i)n S/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities Services ANSWER DOWNLOAD EXAMIANS APP
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