Engineering Economics What market situation exists where there is only one buyer and only one seller? Monopsony Monopoly Bilateral monopsony Bilateral monopoly Monopsony Monopoly Bilateral monopsony Bilateral monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Ordinary annuity Annuity due Perpetuity Deferred annuity Ordinary annuity Annuity due Perpetuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Annual cost Increment cost Operating cost Capitalized cost Annual cost Increment cost Operating cost Capitalized cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity Sunk cost In-place value Economic life Annuity Sunk cost In-place value Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per square metre method Cost per function method Cost per linear metre method Base unit method Cost per square metre method Cost per function method Cost per linear metre method Base unit method ANSWER DOWNLOAD EXAMIANS APP
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