Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Stock Utility Necessity Commodity Stock Utility Necessity Commodity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: The anticipated life of the assets All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)n √(n + i) (1 + i)(1/2n) None of these (1 + i)n √(n + i) (1 + i)(1/2n) None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral oligopoly Bilateral Oligopsony Oligopsony Oligopoly Bilateral oligopoly Bilateral Oligopsony Oligopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Producer products Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
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