Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Monopoly Monopsony Bilateral monopsony Bilateral monopoly Monopoly Monopsony Bilateral monopsony Bilateral monopoly 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)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m (1 + i/n)1/m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 13 months 11 months 12 months 10 months 13 months 11 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The product of CAF (S P) and PWF (S P) is: 43834 43832 43833 1 43834 43832 43833 1 ANSWER DOWNLOAD EXAMIANS APP
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