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 Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P 62.44 P54.66 P44.55 P37.56 P 62.44 P54.66 P44.55 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. In-place value Material cost Fixed cost First cost In-place value Material cost Fixed cost First cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Joint bond Security bond Collateral trust bond Mortgage bond Joint bond Security bond Collateral trust bond Mortgage bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An unrecovered balance A past expenditure All of these An invested capital that cannot be retrieved An unrecovered balance A past expenditure All of these An invested capital that cannot be retrieved ANSWER DOWNLOAD EXAMIANS APP
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