Engineering Economics What is the term for an annuity with a fixed time span? Perpetuity Ordinary annuity Annuity due Annuity certain Perpetuity Ordinary annuity Annuity due Annuity certain 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 supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopoly Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is: Rs. 6638 Rs. 5638 Rs. 7738 None of these Rs. 6638 Rs. 5638 Rs. 7738 None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Net sale Owner’s equity Inventory turnover Quick assets Net sale Owner’s equity Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
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