Engineering Economics What is the market situation exist when there are many buyers and many sellers? Perfect competition Oligopoly Monopoly Oligopsony Perfect competition Oligopoly Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Price-earnings ratio Profit margin ratio Inventory turnover Current ratio Price-earnings ratio Profit margin ratio Inventory turnover Current ratio 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. 5050000 5010000 5025000 5000000 5050000 5010000 5025000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: A purchase cost (first cost) All of these The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) All of these The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS