Engineering Economics What is another term for “perfect competition”? Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. In-place value Sunk cost Annuity Economic life In-place value Sunk cost Annuity Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,654.04 P 7,590.12 P 7,420.89 P 7,731.29 P 7,654.04 P 7,590.12 P 7,420.89 P 7,731.29 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopoly is a market situation where there is/are: One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS