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Engineering Economics

Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Perfect competition
Oligopoly
Oligopsony
Monopoly

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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
1043
1033
1037

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Interest
Simple interest
Principal
Rate of interest

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Engineering Economics
The declining balance method is also known as ______.

Modified sinking fund method
Constant percentage method
Double percentage method
Modified SYD method

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Engineering Economics
The original record of a business transaction is recorded in this book.

Account book
Ledger
Work book
Journal

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

Recall clause
Callability
Return clause
Call class

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