Engineering Economics What represents the share of participation in business organizations? Franchise Stock Corporation Partnership Franchise Stock Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Good Supply Demand Product Good Supply Demand Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Rate of interest cannot be exactly determined The initial deprecation is high Unstable economy The initial depreciation is low Rate of interest cannot be exactly determined The initial deprecation is high Unstable economy The initial depreciation is low ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly 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. 5010000 5050000 5000000 5025000 5010000 5050000 5000000 5025000 ANSWER DOWNLOAD EXAMIANS APP