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Engineering Economics

Engineering Economics
What is the opposite of perfect competition?

Oligopsony
Oligopoly
Monopsony
Monopoly

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Engineering Economics
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

Services
Commodities
Goods
Goods or commodities

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

Recall clause
Return clause
Callability
Call class

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,308.45
P 9,228.45
P 9,358.41
P 9,250.00

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Engineering Economics
Oligopoly exists when there is/are:

Many sellers and few buyers
One seller and few buyers
Few sellers and few buyers
Few sellers and many buyers

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Duopsony
Oligopoly
Oligopsony
Monopoly

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