Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Fixed cost Material cost First cost In-place value Fixed cost Material cost First cost In-place value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Proprietorship Equity Assets Liability Proprietorship Equity Assets Liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell 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 Entrepreneurship Corporation Sole proprietorship Partnership Entrepreneurship Corporation Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? Face value of bond Par value of bond Value of bond Redeemed value of bond Face value of bond Par value of bond Value of bond Redeemed value of bond ANSWER DOWNLOAD EXAMIANS APP
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