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Engineering Economics

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

Liability
Equity
Proprietorship
Assets

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Corporation
Cooperative
Partnership
Enterprise

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Engineering Economics
What refers to the present worth of cost associated with an asset for an infinite period of time?

Operating cost
Annual cost
Capitalized cost
Increment cost

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Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Monopoly
Bilateral monopsony
Monopsony
Bilateral monopoly

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Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Stockholders
Corporation
Partnership
Investors

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Deferred annuity
Ordinary annuity
Perpetuity
Annuity due

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