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 Oligopsony Monopoly Oligopoly Monopsony Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)(1/2n) (1 + i)n √(n + i) None of these (1 + i)(1/2n) (1 + i)n √(n + i) None of these 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 None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these S/(1 + i)n S (1 + i)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Partnership Corporation Sole proprietorship Entrepreneurship Partnership Corporation Sole proprietorship Entrepreneurship 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? 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Ordinary annuity Annuity due Perpetuity Deferred annuity Ordinary annuity Annuity due Perpetuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
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