Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Principal Interest Simple interest Rate of interest Principal Interest Simple interest Rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency appreciation Currency depreciation Currency devaluation Currency float Currency appreciation Currency depreciation Currency devaluation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.590 2,632 2,890 2,712 2.590 2,632 2,890 2,712 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition No-limit competition Heterogeneous market Atomistic competition Free-for-all competition No-limit competition Heterogeneous market Atomistic competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,345.98 P1,945.64 P1,549.64 P1,459.64 P1,345.98 P1,945.64 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
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