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 diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply 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/m)n (1 + i/m)1/n (1 + i/n)1/m (1 + i/n)m (1 + i/m)n (1 + i/m)1/n (1 + i/n)1/m (1 + i/n)m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.0 % 25.8 % 24.7 % 23.5 % 25.0 % 25.8 % 24.7 % 23.5 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P 62.44 P54.66 P37.56 P44.55 P 62.44 P54.66 P37.56 P44.55 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Price-earnings ratio Profit margin ratio Current ratio Quick ratio Price-earnings ratio Profit margin ratio Current ratio Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Simple interest Interest Rate of interest Principal Simple interest Interest Rate of interest Principal ANSWER DOWNLOAD EXAMIANS APP
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