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Engineering Economics

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
Mall
Market
Store

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Engineering Economics
What is the increase in the money value of a capital asset is called?

Profit
Capital gain
Capital stock
Capital expenditure

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Engineering Economics
Which of these gives the lowest effective rate of interest?

12.35 % compounded annually
11.90 % compounded annually
12.20 % compounded annually
11.60 % compounded annually

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Engineering Economics
The process of determining the value or worth of a physical property for specific reason is called ______.

Valuation
Depletion
Investment
Economy

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Engineering Economics
What market situation exists where there are few sellers and few buyers?

Bilateral oligopoly
Oligopsony
Bilateral Oligopsony
Oligopoly

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Partnership
Proprietorship
Entrepreneurship
Corporation

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MORE MCQ ON Engineering Economics

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