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 4,860.00 P 4,880.00 P 4,820.00 P 4,840.00 P 4,860.00 P 4,880.00 P 4,820.00 P 4,840.00 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 diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.25 0.235 0.258 0.247 0.25 0.235 0.258 0.247 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The first payment is made at the beginning of the first period. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Commodities Goods Services Goods or commodities Commodities Goods Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP