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 Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly 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? 2890 2.59 2632 2712 2890 2.59 2632 2712 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5690.12 5712.4 5873.2 5937.5 5690.12 5712.4 5873.2 5937.5 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to a document that shows proof of legal ownership of a financial security? Coupon Check Bank note Bond Coupon Check Bank note Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Sole proprietorship Enterprise Partnership Corporation Sole proprietorship Enterprise Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Corporation Enterprise Partnership Cooperative Corporation Enterprise Partnership Cooperative ANSWER DOWNLOAD EXAMIANS APP