Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,037 1,043 1,033 1,053 1,037 1,043 1,033 1,053 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: A series of payments All payments of equal amount Payment at equal time intervals All of these A series of payments All payments of equal amount Payment at equal time intervals All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the reduction in the money value of capital asset is called? Capital loss Loss Deficit Capital expenditure Capital loss Loss Deficit Capital expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly ANSWER DOWNLOAD EXAMIANS APP