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 Oligopoly Monopoly Monopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/m)n (1 + i/n)1/m (1 + i/n)m (1 + i/m)1/n (1 + i/m)n (1 + i/n)1/m (1 + i/n)m (1 + i/m)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. First cost Fixed cost In-place value Material cost First cost Fixed cost In-place value Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset? Period recovery Depreciation recovery Asset recovery After-tax recovery Period recovery Depreciation recovery Asset recovery After-tax recovery ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: Payment at equal time intervals All payments of equal amount A series of payments All of these Payment at equal time intervals All payments of equal amount A series of payments All of these ANSWER DOWNLOAD EXAMIANS APP
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