Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Simple interest Rate of interest Principal Interest Simple interest Rate of interest Principal Interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Monopoly Oligopoly Duopsony Oligopsony Monopoly Oligopoly Duopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Constant percentage method Modified sinking fund method Double percentage method Modified SYD method Constant percentage method Modified sinking fund method Double percentage method Modified SYD method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Known owners Goodwill Big income Status company Known owners Goodwill Big income Status company ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio None of these Turnover ratio Acid test ratio Solvency ratio None of these Turnover ratio Acid test ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Commodities Goods or commodities Goods Services Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
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