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 farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0689 0.0658 0.0665 0.0612 0.0689 0.0658 0.0665 0.0612 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Single payment present worth Capital recovery Uniform gradient future worth Uniform series sinking fund Single payment present worth Capital recovery Uniform gradient future worth Uniform series sinking fund ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Security bond Mortgage bond Joint bond Collateral trust bond Security bond Mortgage bond Joint bond Collateral trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Par value Dividend Equity Return Par value Dividend Equity Return ANSWER DOWNLOAD EXAMIANS APP