Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.45 P39.99 P39.82 P39.01 P39.45 P39.99 P39.82 P39.01 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about corporation? It is worse type of business organization. The stock holders of the corporation are only liable to the extent of their investments. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. It is worse type of business organization. The stock holders of the corporation are only liable to the extent of their investments. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand ANSWER DOWNLOAD EXAMIANS APP