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 Monopoly Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Liability Equity Assets Proprietorship Liability Equity Assets Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Profit Capital stock Capital gain Capital expenditure Profit Capital stock Capital gain Capital expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Each financial ratio is generally compared by All of these A past ratio calculated from the past financial standard of the firm A ratio developed by using the projected financial statement of the firm A ratio of some selected firms most progressive and successful at the point of consideration All of these A past ratio calculated from the past financial standard of the firm A ratio developed by using the projected financial statement of the firm A ratio of some selected firms most progressive and successful at the point of consideration ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Demand Good Product Supply Demand Good Product ANSWER DOWNLOAD EXAMIANS APP
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