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 demand Law of supply Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 12 months 11 months 13 months 10 months 12 months 11 months 13 months 10 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Present worth Annuity (PWA) is generally known as Future annuities Income annuities Premium annuities All of these Future annuities Income annuities Premium annuities All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Ratio analysis of a construction firm is used for analysis by: Firm's management Financial analysts Share holders Banks of the firm Firm's management Financial analysts Share holders Banks of the firm ANSWER DOWNLOAD EXAMIANS APP
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