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 0.0914 0.0901 0.0941 0.0931 ANSWER DOWNLOAD EXAMIANS APP
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 Law of supply and demand Law of diminishing return Law of supply Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Turnover ratio None of these Acid test ratio Solvency ratio Turnover ratio None of these Acid test ratio Solvency ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Fixed asset Trade investment asset Current asset Intangible asset Fixed asset Trade investment asset Current asset Intangible asset ANSWER DOWNLOAD EXAMIANS APP
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 Franchise value Fair value Market value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Oligopoly Duopsony Monopoly Oligopsony Oligopoly Duopsony Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP