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Engineering Economics

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

Oligopoly
Oligopsony
Duopsony
Monopoly

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Engineering Economics
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

P 3,729.27
P 3,927.27
P 3,279.27
P 3,792.72

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Engineering Economics
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:

Law of supply and demand
Law of diminishing return
Law of demand
Law of supply

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Engineering Economics
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

P 4,840.00
P 4,820.00
P 4,860.00
P 4,880.00

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Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.1195
0.115
0.1175
0.1232

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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

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