Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral Oligopsony Oligopsony Bilateral oligopoly Oligopoly Bilateral Oligopsony Oligopsony Bilateral oligopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Enterprise Corporation Sole proprietorship Partnership Enterprise Corporation Sole proprietorship Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 12 months 11 months 13 months 10 months 12 months 11 months 13 months 10 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Installation expenses Initial taxes and permit fees The original purchase price and freight charges All of these Installation expenses Initial taxes and permit fees The original purchase price and freight charges All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” 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 What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Balanced sheet Ledger Worksheet Trial balance Balanced sheet Ledger Worksheet ANSWER DOWNLOAD EXAMIANS APP
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