Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly Monopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly? 11.87 years 11.57 years 11.23 years 11.46 years 11.87 years 11.57 years 11.23 years 11.46 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check General journal system Bookkeeping system Ledger system Balance check General journal system Bookkeeping system Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Product Demand Good Supply Product Demand Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5000000 5025000 5050000 5010000 5000000 5025000 5050000 5010000 ANSWER DOWNLOAD EXAMIANS APP