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Engineering Economics

Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Call class
Recall clause
Return clause
Callability

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Engineering Economics
What is the opposite of perfect competition?

Monopoly
Monopsony
Oligopsony
Oligopoly

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Engineering Economics
What refers to the amount of a product made available for sale?

Good
Demand
Product
Supply

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Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Railroad bond
Equipment bond
Equipment trust bond
Equipment obligation bond

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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

1053
1037
1033
1043

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Perfect competition
Oligopoly
Monopoly
Oligopsony

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