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? Oligopoly Perfect competition Monopoly Oligopsony Oligopoly Perfect competition Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/m)n (1 + i/n)m (1 + i/m)1/n (1 + i/n)1/m (1 + i/m)n (1 + i/n)m (1 + i/m)1/n (1 + i/n)1/m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Gross margin Current ratio Profit margin ratio Price-earnings ratio Gross margin Current ratio Profit margin ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. P 153.89 P 152.88 P 151.09 P 150.56 P 153.89 P 152.88 P 151.09 P 150.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The wages of supervisors and material handlers are charged as: Indirect labour cost Over head None of these Direct labour cost Indirect labour cost Over head None of these Direct labour cost ANSWER DOWNLOAD EXAMIANS APP