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 Monopoly Oligopsony Oligopoly Monopsony Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Debenture bond Collateral trust bond Mortgage bond Registered bond Debenture bond Collateral trust bond Mortgage bond Registered bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P700.12 P693.12 P705.42 P702.15 P700.12 P693.12 P705.42 P702.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Luxury Producer products Consumer products Necessity Luxury Producer products Consumer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Foreign exchange Cash or check Currency Monetary unit Foreign exchange Cash or check Currency Monetary unit ANSWER DOWNLOAD EXAMIANS APP