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? P44.55 P54.66 P37.56 P 62.44 P44.55 P54.66 P37.56 P 62.44 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Monetary unit Foreign exchange Cash or check Currency Monetary unit Foreign exchange Cash or check ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Oligopsony Monopoly Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Both architect and engineer make use of the cost estimate of the project: For site selection For designing of the project All of these For choosing alternatives For site selection For designing of the project All of these For choosing alternatives ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Perfect competition Oligopsony Oligopoly Monopoly Perfect competition Oligopsony Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.0367 0.04 0.0425 0.0415 0.0367 0.04 0.0425 ANSWER DOWNLOAD EXAMIANS APP
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