Engineering Economics Which of these gives the lowest effective rate of interest? 11.90 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 11.90 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Ready-made and made-to-order Raw and finished Local and imported Consumer and producer Ready-made and made-to-order Raw and finished Local and imported Consumer and producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Demand Good Supply Product Demand Good Supply Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A uniform series of payment occurring at equal interval of time is called ______. Depreciation Bond Amortization Annuity Depreciation Bond Amortization Annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product 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 permit to sell the single vendor is the only one who has the knowledge of the product the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Luxury Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products ANSWER DOWNLOAD EXAMIANS APP