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Engineering Economics

Engineering Economics
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?

0.0914
0.0901
0.0941
0.0931

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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 diminishing return
Law of supply
Law of demand

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

Turnover ratio
None of these
Acid test ratio
Solvency ratio

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Fixed asset
Trade investment asset
Current asset
Intangible asset

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Franchise value
Fair value
Market value
Book value

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Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Oligopoly
Duopsony
Monopoly
Oligopsony

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