Engineering Economics The wages of supervisors and material handlers are charged as: None of these Direct labour cost Over head Indirect labour cost None of these Direct labour cost Over head Indirect labour cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Good will value Book value Market value Fair value Good will value Book value Market value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Going concern value Total fair value Total market value Earning value Going concern value Total fair value Total market value Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Monopoly Bilateral monopoly Bilateral monopsony Monopsony Monopoly Bilateral monopoly Bilateral monopsony Monopsony ANSWER DOWNLOAD EXAMIANS APP
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