Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger Balanced sheet Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Partnership Property Organization Corporation Partnership Property Organization Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Bilateral monopoly Monopoly Monopsony Bilateral monopsony Bilateral monopoly Monopoly Monopsony Bilateral monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Perfect monopoly Ordinary monopoly Bilateral monopoly Natural monopoly Perfect monopoly Ordinary monopoly Bilateral monopoly Natural monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Buffer stock Hoard stock Withheld stock Stock pile Buffer stock Hoard stock Withheld stock Stock pile ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Few sellers and many buyers One seller and few buyers Few sellers and few buyers Many sellers and few buyers Few sellers and many buyers One seller and few buyers Few sellers and few buyers Many sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP