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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?

Monopoly
Oligopoly
Monopsony
Oligopsony

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1043
1037
1033
1053

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Engineering Economics
Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:

Cost per function method
Cost per square metre
All of these
Base unit method

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Sum-of-year digit method
Sinking fund method
Declining balance method
Straight line method

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Engineering Economics
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.

Dividend
Share of stock
Return
Equity

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Engineering Economics
What is another term for “perfect competition”?

No-limit competition
Heterogeneous market
Free-for-all competition
Atomistic competition

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