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? Oligopsony Monopoly Oligopoly Perfect competition Oligopsony Monopoly Oligopoly Perfect competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) All of these A purchase cost (first cost) The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) All of these A purchase cost (first cost) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Liquidity ratio Current ratio Acid-Test (or Quick) ratio Debts ratio Liquidity ratio Current ratio Acid-Test (or Quick) ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Economy Investment Valuation Depletion Economy Investment Valuation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P37.56 P44.55 P54.66 P 62.44 P37.56 P44.55 P54.66 P 62.44 ANSWER DOWNLOAD EXAMIANS APP