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 diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is not a construction estimate? Conceptual preliminary budget Definite estimate Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate Initial feasibility estimate None of these 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? P54.66 P37.56 P 62.44 P44.55 P54.66 P37.56 P 62.44 P44.55 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? 0.034 0.04 0.037 0.03 0.034 0.04 0.037 0.03 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Compound annuity Sinking fund annuity Present Worth Annuity Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity Capital recovery annuity ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS