Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Foreign exchange Cash or check Monetary unit Currency Foreign exchange Cash or check Monetary unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Partnership Corporation Cooperative Enterprise Partnership Corporation Cooperative Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Partnership Stock Corporation Franchise Partnership Stock Corporation Franchise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Present worth Annuity (PWA) is generally known as Premium annuities All of these Income annuities Future annuities Premium annuities All of these Income annuities Future annuities ANSWER DOWNLOAD EXAMIANS APP
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