Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Oligopoly Monopoly Oligopsony Monopsony Oligopoly Monopoly Oligopsony Monopsony 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 None of these (1 + i)(1/2n) √(n + i) (1 + i)n None of these (1 + i)(1/2n) √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 7 eyars 8 years 10 years 9 years 7 eyars 8 years 10 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 300 360 365 366 300 360 365 366 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Base unit method All of these Cost per square metre Cost per function method Base unit method All of these Cost per square metre Cost per function method ANSWER DOWNLOAD EXAMIANS APP
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