Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Office Market Mall Store Office Market Mall Store ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Inflation Deflation Depletion Depreciation Inflation Deflation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: Many sellers and few buyers One seller and few buyers Few sellers and many buyers Few sellers and few buyers Many sellers and few buyers One seller and few buyers Few sellers and many buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Economic return Gain Yield Earning value Economic return Gain Yield Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Ordinary annuity Annuity due Annuity certain Perpetuity Ordinary annuity Annuity due Annuity certain Perpetuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2712 2.59 2890 2632 2712 2.59 2890 2632 ANSWER DOWNLOAD EXAMIANS APP
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