Engineering Economics Which is NOT an essential element of an ordinary annuity? Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? No-limit competition Atomistic competition Heterogeneous market Free-for-all competition No-limit competition Atomistic competition Heterogeneous market Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Annuity factor Capital recovery Annuity Amortization Annuity factor Capital recovery Annuity Amortization ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.0 hour per unit 1.2 hours per unit 1.6 hours per unit 1.4 hours per unit 1.0 hour per unit 1.2 hours per unit 1.6 hours per unit 1.4 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Intangible asset Fixed asset Trade investment asset Current asset Intangible asset Fixed asset Trade investment asset Current asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Securities T-bills Bond Bank notes Securities T-bills Bond Bank notes ANSWER DOWNLOAD EXAMIANS APP
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