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Engineering Economics

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

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Engineering Economics
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?

Benefit-cost ratio
EUAC
Rate of return method
Annual cost method

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Engineering Economics
The sunk costs include:

A past expenditure
An unrecovered balance
An invested capital that cannot be retrieved
All of these

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Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Goodwill value
Going value
Franchise value
Company value

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Engineering Economics
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?

Dividend
Return
Par value
Equity

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Engineering Economics
What is another term for “perfect competition”?

No-limit competition
Heterogeneous market
Atomistic competition
Free-for-all competition

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MORE MCQ ON Engineering Economics

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