Engineering Economics What is another term for “perfect competition”? No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Gain Earning value Economic return Yield Gain Earning value Economic return Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency appreciation Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Money is borrowed for n = 7 years 8% is the rate of interest per year Both (A) and (B) Neither (A) nor (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Both (A) and (B) Neither (A) nor (B) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0689 0.0665 0.0658 0.0612 0.0689 0.0665 0.0658 0.0612 ANSWER DOWNLOAD EXAMIANS APP
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