Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral oligopoly Bilateral Oligopsony Oligopsony Oligopoly Bilateral oligopoly Bilateral Oligopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment? Yield Return of investment Economic return Rate of return Yield Return of investment Economic return Rate of return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Interest rate Return of investment Rate of return Yield Interest rate Return of investment Rate of return Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Unstable economy The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined Unstable economy The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS