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 Perfect competition Oligopoly Oligopsony Monopoly Perfect competition Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Solvency Insolvency Liquidity Leverage Solvency Insolvency Liquidity Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by: Construction manager Owner himself/herself Construction manager Architect/engineer Construction manager Owner himself/herself Construction manager Architect/engineer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Oligopsony Oligopoly Perfect competition Monopoly Oligopsony Oligopoly Perfect competition Monopoly 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 Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 ANSWER DOWNLOAD EXAMIANS APP