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 demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Bond Promissory note T-bills Stock Bond Promissory note T-bills Stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Capital recovery Uniform series sinking fund Uniform gradient future worth Single payment present worth Capital recovery Uniform series sinking fund Uniform gradient future worth Single payment present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the feature of some bonds whereby the issuer can redeem it before it matures? Recall clause Call class Return clause Callability Recall clause Call class Return clause Callability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.03 0.04 0.034 0.037 0.03 0.04 0.034 0.037 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? Services Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS