Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Foreign exchange Monetary unit Cash or check Currency Foreign exchange Monetary unit Cash or check Currency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Joint bond Collateral trust bond Security bond Mortgage bond Joint bond Collateral trust bond Security bond Mortgage bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 12 months 13 months 11 months 10 months 12 months 13 months 11 months 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? Producer products Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
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