Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Balanced sheet Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Annual cost Operating cost Increment cost Capitalized cost Annual cost Operating cost Increment cost Capitalized cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Corporation Proprietorship Partnership Entrepreneurship Corporation Proprietorship Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Natural monopoly Perfect monopoly Bilateral monopoly Ordinary monopoly Natural monopoly Perfect monopoly Bilateral monopoly Ordinary monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. P 153.89 P 152.88 P 151.09 P 150.56 P 153.89 P 152.88 P 151.09 P 150.56 ANSWER DOWNLOAD EXAMIANS APP
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