Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 300 360 366 365 300 360 366 365 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Cash Investment in subsidiary companies Furnitures Patents Cash Investment in subsidiary companies Furnitures Patents ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Net income Total sales Net revenue Gross income Net income Total sales Net revenue Gross income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Perfect monopoly Ordinary monopoly Bilateral monopoly Natural monopoly Perfect monopoly Ordinary monopoly Bilateral monopoly Natural monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. P 152.88 P 153.89 P 150.56 P 151.09 P 152.88 P 153.89 P 150.56 P 151.09 ANSWER DOWNLOAD EXAMIANS APP
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