Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Manufacturer Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: None of these Interest Ordinary simple interest Exact simple interest None of these Interest Ordinary simple interest Exact simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the method used for project evaluation and selection in capital budgeting from the following: Payback period All listed here Internal ratio of return Net present worth Payback period All listed here Internal ratio of return Net present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Stock T-bills Promissory note Bond Stock T-bills Promissory note Bond ANSWER DOWNLOAD EXAMIANS APP