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 Pick up the main purpose of project cost control from the following: To promote cost consciousness To signal immediate warning of uneconomic operations To provide a feed back to the estimator All of these To promote cost consciousness To signal immediate warning of uneconomic operations To provide a feed back to the estimator All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0367 0.04 0.0425 0.0415 0.0367 0.04 0.0425 0.0415 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The functional depreciation is sometimes called ______. Demand depreciation Life depreciation Failure depreciation Adolescence Demand depreciation Life depreciation Failure depreciation Adolescence ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,270.34 P 3,280.34 P 3,260.34 P 3,250.34 P 3,270.34 P 3,280.34 P 3,260.34 P 3,250.34 ANSWER DOWNLOAD EXAMIANS APP
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