Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Compulsory saving Consumer saving All of these Forced saving Compulsory saving Consumer saving All of these Forced saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Few sellers and many buyers Few sellers and few buyers Many sellers and few buyers One seller and few buyers Few sellers and many buyers Few sellers and few buyers Many sellers and few buyers One seller and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Organization Partnership Corporation Property Organization Partnership Corporation Property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1628 0.1647 0.1632 0.1602 0.1628 0.1647 0.1632 0.1602 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. Share of stock Equity Dividend Return Share of stock Equity Dividend Return ANSWER DOWNLOAD EXAMIANS APP
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