Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopsony Monopsony Oligopoly Monopoly Oligopsony Monopsony Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Consumer products Producer products Luxury Necessity Consumer products Producer products Luxury Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? Equipment trust bond Railroad bond Equipment obligation bond Equipment bond Equipment trust bond Railroad bond Equipment obligation bond Equipment bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Manufacturer Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Economic return Yield Earning value Gain Economic return Yield Earning value Gain ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions ANSWER DOWNLOAD EXAMIANS APP
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