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 Office Mall Market Store ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: ni (1 + ni) None of these (ni - 1) ni (1 + ni) None of these (ni - 1) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Producer products Luxury Consumer products Necessity Producer products Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Manufacturer Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 231.56 P 212.90 P 222.67 P 236.20 P 231.56 P 212.90 P 222.67 P 236.20 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 300 365 360 366 300 365 360 366 ANSWER DOWNLOAD EXAMIANS APP
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