Engineering Economics
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

Capital recovery
Single payment present worth
Uniform series sinking fund
Uniform gradient future worth

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

10 months
11 months
13 months
12 months

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the permit to sell
the single vendor is the only one who has the knowledge of the product
the single vendor can prevent the entry of all other vendors in the market
the single vendor gets the absolute franchise of the product

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