Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopsony Oligopoly Monopsony Monopoly Oligopsony Oligopoly Monopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Profitability ratio Turnover ratio Liquidity ratio All of these Profitability ratio Turnover ratio Liquidity ratio All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Modified SYD method Modified sinking fund method Constant percentage method Double percentage method Modified SYD method Modified sinking fund method Constant percentage method Double percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity Economic life In-place value Sunk cost Annuity Economic life In-place value Sunk cost 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. Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopoly Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP