Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Good Product Demand Supply Good Product Demand 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? Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Oligopsony Oligopoly Duopsony Monopoly Oligopsony Oligopoly Duopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a government bond which has an indefinite life rather than a specific maturity? Consol T-bill Debenture Coupon Consol T-bill Debenture Coupon 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 3,270.34 P 3,260.34 P 3,250.34 P 3,280.34 P 3,270.34 P 3,260.34 P 3,250.34 ANSWER DOWNLOAD EXAMIANS APP
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