Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Producer Manufacturer Buyer or consumer Seller Producer Manufacturer Buyer or consumer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a government bond which has an indefinite life rather than a specific maturity? Coupon T-bill Consol Debenture Coupon T-bill Consol Debenture ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5000000 5050000 5010000 5025000 5000000 5050000 5010000 5025000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product 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 ______. First cost In-place value Fixed cost Material cost First cost In-place value Fixed cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Total fair value Total market value Earning value Going concern value Total fair value Total market value Earning value Going concern value ANSWER DOWNLOAD EXAMIANS APP
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