Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Franchise value Book value Market value Fair value Franchise value Book value Market value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Time value of money Interest rate Present worth factor Yield Time value of money Interest rate Present worth factor Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All of these All payments of equal amount A series of payments Payment at equal time intervals All of these All payments of equal amount A series of payments Payment at equal time intervals ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopoly Oligopoly Monopsony Oligopsony Monopoly Oligopoly Monopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Consumer and producer Local and imported Ready-made and made-to-order Raw and finished Consumer and producer Local and imported Ready-made and made-to-order Raw and finished ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS