Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Goods or commodities Services Commodities Goods Goods or commodities Services Commodities 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 2,712 2,890 2.590 2,632 2,712 2,890 2.590 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The price at which the callable bond will be redeemed from the bondholder is called ______. Redemption value Face value Call value Par value Redemption value Face value Call value Par value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.039 0.0395 0.0392 0.0398 0.039 0.0395 0.0392 0.0398 ANSWER DOWNLOAD EXAMIANS APP
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