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? Hoard stock Withheld stock Buffer stock Stock pile Hoard stock Withheld stock Buffer stock Stock pile ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 13.7 years 14.7 years 14.2 years 15.3 years 13.7 years 14.7 years 14.2 years 15.3 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Ready-made and made-to-order Consumer and producer Local and imported Raw and finished Ready-made and made-to-order Consumer and producer Local and imported Raw and finished ANSWER DOWNLOAD EXAMIANS APP
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