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Engineering Economics

Engineering Economics
What is another term for “current assets”?

Ccash
Non-liquid assets
Fixed assets
Liquid assets

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Enterprise
Partnership
Cooperative
Corporation

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Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,922.93
P 6,999.39
P 6,292.93
P 6,222.39

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Engineering Economics
What represents the share of participation in business organizations?

Franchise
Stock
Partnership
Corporation

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Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Product
Good
Supply
Demand

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Oligopoly
Monopoly
Oligopsony
Duopsony

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MORE MCQ ON Engineering Economics

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