Engineering Economics What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? Franchise value Going value Goodwill value Company value Franchise value Going value Goodwill value Company value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return 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. Perfect monopoly Natural monopoly Bilateral monopoly Ordinary monopoly Perfect monopoly Natural monopoly Bilateral monopoly Ordinary monopoly 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/n)m (1 + i/n)1/m (1 + i/m)1/n (1 + i/m)n (1 + i/n)m (1 + i/n)1/m (1 + i/m)1/n (1 + i/m)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Investment in subsidiary companies Patents Cash Furnitures Investment in subsidiary companies Patents Cash Furnitures ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A project construction cost estimate includes: The profit of the contractor The labour and material cost All of these The equipment and over head cost The profit of the contractor The labour and material cost All of these The equipment and over head cost ANSWER DOWNLOAD EXAMIANS APP