Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Return Dividend Equity Par value Return Dividend Equity Par value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Rational method and irrational method Conservative method and conventional method Unit method and percentage method Discrete method and depletion allowance method Rational method and irrational method Conservative method and conventional method Unit method and percentage method Discrete method and depletion allowance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,632 2,890 2.590 2,712 2,632 2,890 2.590 2,712 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Sinking fund method Factor method Percentage method Unit method Sinking fund method Factor method Percentage method Unit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP