Engineering Economics What is another term for “perfect competition”? Atomistic competition No-limit competition Heterogeneous market Free-for-all competition Atomistic competition No-limit competition Heterogeneous market Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5000000 5010000 5025000 5050000 5000000 5010000 5025000 5050000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Going value Junk value Scrap value Second-hand value Going value Junk value Scrap value Second-hand value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor is the only one who has the permit to sell the single vendor gets the absolute franchise of the product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 11 months 13 months 12 months 10 months 11 months 13 months 12 months 10 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the reduction in the money value of capital asset is called? Capital expenditure Loss Deficit Capital loss Capital expenditure Loss Deficit Capital loss ANSWER DOWNLOAD EXAMIANS APP