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 ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Natural monopoly Bilateral monopoly Perfect monopoly Ordinary monopoly Natural monopoly Bilateral monopoly Perfect monopoly Ordinary monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0392 0.039 0.0395 0.0398 0.0392 0.039 0.0395 0.0398 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Gross income Net income Net revenue Total sales Gross income Net income Net revenue ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5025000 5050000 5010000 5000000 5025000 5050000 5010000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,100 P18,000 P18,900 P19,000 P19,100 P18,000 P18,900 P19,000 ANSWER DOWNLOAD EXAMIANS APP
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