Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of return Economic return Rate of interest Yield rate Rate of return Economic return Rate of interest Yield rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Corporation Partnership Enterprise Sole proprietorship Corporation Partnership Enterprise Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An unrecovered balance All of these An invested capital that cannot be retrieved A past expenditure An unrecovered balance All of these An invested capital that cannot be retrieved A past expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Perfect competition Oligopoly Monopoly Oligopsony Perfect competition Oligopoly Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5010000 5000000 5050000 5025000 5010000 5000000 5050000 5025000 ANSWER DOWNLOAD EXAMIANS APP