Engineering Economics What is another term for “perfect competition”? Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Net income to owner’s equity Net credit sales to average net receivable Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net income to owner’s equity Net credit sales to average net receivable Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Fixed cost In-place value First cost Material cost Fixed cost In-place value First cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Deduction Discount Inflation Depletion Deduction Discount Inflation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Services Goods or commodities Goods Commodities Services Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed Sinking Fund Annuity is availed ANSWER DOWNLOAD EXAMIANS APP
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