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 A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1175 0.115 0.1195 0.1232 0.1175 0.115 0.1195 0.1232 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where 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 Both (A) and (B) Money is borrowed for n = 7 years Neither (A) nor (B) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopoly is a market situation where there is/are: Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Rate of return Interest rate Yield Return of investment Rate of return Interest rate Yield Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year? P 4,860.00 P 4,820.00 P 4,840.00 P 4,880.00 P 4,860.00 P 4,820.00 P 4,840.00 P 4,880.00 ANSWER DOWNLOAD EXAMIANS APP
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