Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond is issued jointly by two or more corporations? Trust bond Tie-up bond Mortgage bond Joint bond Trust bond Tie-up bond Mortgage bond Joint bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Both (A) and (B) Money is borrowed for n = 7 years Neither (A) nor (B) 8% is the rate of interest per year Both (A) and (B) Money is borrowed for n = 7 years Neither (A) nor (B) 8% is the rate of interest per year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 222.67 P 212.90 P 231.56 P 236.20 P 222.67 P 212.90 P 231.56 P 236.20 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital ANSWER DOWNLOAD EXAMIANS APP
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