Engineering Economics What is another term for “perfect competition”? Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used None of these To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project None of these To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment? Yield Rate of return Economic return Return of investment Yield Rate of return Economic return Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The functional depreciation is sometimes called ______. Demand depreciation Adolescence Failure depreciation Life depreciation Demand depreciation Adolescence Failure depreciation Life depreciation 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 Conceptual estimate Probabilistic estimate Definitive estimate None of these Conceptual estimate Probabilistic estimate Definitive estimate None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Gross profit to net sales Net credit sales to average net receivable Current assets to current liabilities Net income to owner’s equity Gross profit to net sales Net credit sales to average net receivable Current assets to current liabilities Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS