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 A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.59 2890 2712 2632 2.59 2890 2712 2632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The contractor of the project All of these The owner of the facility The consulting architect/engineer The contractor of the project All of these The owner of the facility The consulting architect/engineer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Organization Corporation Partnership Property Organization Corporation Partnership Property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n ANSWER DOWNLOAD EXAMIANS APP
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