Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Revenue credit Credible credit Tax credit Due credit Revenue credit Credible credit Tax credit Due credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: One seller and few buyers Few sellers and few buyers Many sellers and few buyers Few sellers and many buyers One seller and few buyers Few sellers and few buyers Many sellers and few buyers Few sellers and many buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Entrepreneurship Corporation Partnership Sole proprietorship Entrepreneurship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as None of these Definitive estimate Conceptual estimate Probabilistic estimate None of these Definitive estimate Conceptual estimate Probabilistic estimate ANSWER DOWNLOAD EXAMIANS APP
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