Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? 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 Free market entry and exit All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,280.34 P 3,260.34 P 3,270.34 P 3,250.34 P 3,280.34 P 3,260.34 P 3,270.34 P 3,250.34 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. 1,100 feet 1,120 feet 1,000 feet 1,040 feet 1,100 feet 1,120 feet 1,000 feet 1,040 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Inventory turnover Profit margin ratio Price-earnings ratio Current ratio Inventory turnover Profit margin ratio Price-earnings ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Partnership Stockholders Corporation Investors Partnership Stockholders Corporation Investors ANSWER DOWNLOAD EXAMIANS APP
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