Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) None of these (1 + ni) ni (ni - 1) None of these (1 + ni) ni ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. Share of stock Dividend Return Equity Share of stock Dividend Return Equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,120 feet 1,100 feet 1,040 feet 1,000 feet 1,120 feet 1,100 feet 1,040 feet 1,000 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopsony Oligopoly Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Necessity Luxury Producer products Consumer products Necessity Luxury Producer products Consumer products ANSWER DOWNLOAD EXAMIANS APP