Engineering Economics What is defined as any tangible economic product 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 The functional depreciation is sometimes called ______. Adolescence Failure depreciation Life depreciation Demand depreciation Adolescence Failure depreciation Life depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P702.15 P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Cost accounting Standard cost Overhead cost Cost of goods sold Cost accounting Standard cost Overhead cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.258 0.235 0.25 0.247 0.258 0.235 0.25 0.247 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Heterogeneous market Free-for-all competition No-limit competition Atomistic competition Heterogeneous market Free-for-all competition No-limit competition Atomistic competition ANSWER DOWNLOAD EXAMIANS APP
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