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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?

Monopsony
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?

Utility
Necessity
Commodity
Stock

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Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Seller
Producer
Buyer or consumer
Manufacturer

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Engineering Economics
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.

Status company
Big income
Known owners
Goodwill

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Engineering Economics
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Callable bond
Preferred bond
Registered bond
Incorporators bond

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Engineering Economics
What bond whose security is a mortgage on certain specified assets of the corporation?

Mortgage bond
Debenture bond
Registered bond
Collateral trust bond

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MORE MCQ ON Engineering Economics

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