Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Buyer or consumer Manufacturer Producer Seller Buyer or consumer Manufacturer Producer 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? P54.66 P 62.44 P37.56 P44.55 P54.66 P 62.44 P37.56 P44.55 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Inflation Depreciation Depletion Deflation Inflation Depreciation Depletion Deflation 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 Goods or commodities Services Commodities Goods Goods or commodities Services Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Dividend Par value Equity Return Dividend Par value Equity Return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Raw and finished Consumer and producer Local and imported Ready-made and made-to-order Raw and finished Consumer and producer Local and imported Ready-made and made-to-order ANSWER DOWNLOAD EXAMIANS APP
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