Engineering Economics What refers to the claim of anyone to ownership? Assets Proprietorship Liability Equity Assets Proprietorship Liability Equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Forced saving All of these Compulsory saving Consumer saving Forced saving All of these Compulsory saving Consumer saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Buffer stock Withheld stock Stock pile Hoard stock Buffer stock Withheld stock Stock pile Hoard stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Intangible asset Trade investment asset Current asset Fixed asset Intangible asset Trade investment asset Current asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Opportunity cost Ghost cost Null cost Horizon cost Opportunity cost Ghost cost Null cost Horizon cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP