Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopsony Monopoly Oligopoly Monopsony Oligopsony Monopoly Oligopoly Monopsony 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? Consumer products Producer products Luxury Necessity Consumer products Producer products Luxury Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Liquidity ratio Profitability ratio All of these Turnover ratio Liquidity ratio Profitability ratio All of these Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Current ratio Receivable turnover Acid test ratio Quick ratio Current ratio Receivable turnover Acid test ratio Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Interest rate Yield Present worth factor Time value of money Interest rate Yield Present worth factor Time value of money ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
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