Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Modified SYD method Constant percentage method Modified sinking fund method Double percentage method Modified SYD method Constant percentage method Modified sinking fund method Double percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined Unstable economy The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined Unstable economy ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Oligopsony Oligopoly Duopsony Monopoly Oligopsony Oligopoly Duopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
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