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Engineering Economics

Engineering Economics
What refers to the claim of anyone to ownership?

Equity
Proprietorship
Assets
Liability

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Engineering Economics
The ability to meet debts as they become due is known as ______.

Insolvency
Leverage
Liquidity
Solvency

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Engineering Economics
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.

Partnership
Corporation
Entrepreneurship
Sole proprietorship

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Engineering Economics
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?

0.0914
0.0901
0.0931
0.0941

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Engineering Economics
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?

Stock
Commodity
Utility
Necessity

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Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Perfect competition
Monopoly
Oligopoly
Oligopsony

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MORE MCQ ON Engineering Economics

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