Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Operating cost Capitalized cost Increment cost Annual cost Operating cost Capitalized cost Increment cost Annual cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Services Commodities Goods or commodities Goods Services Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P44.55 P54.66 P37.56 P 62.44 P44.55 P54.66 P37.56 P 62.44 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Null cost Ghost cost Horizon cost Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Partnership Corporation Stock Franchise Partnership Corporation Stock Franchise ANSWER DOWNLOAD EXAMIANS APP
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