Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Increment cost Annual cost Operating cost Capitalized cost Increment cost Annual cost Operating cost Capitalized cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Assets Liabilities Funds Capital Assets Liabilities Funds Capital 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. 8 years 7 eyars 10 years 9 years 8 years 7 eyars 10 years 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a government bond which has an indefinite life rather than a specific maturity? Coupon Consol T-bill Debenture Coupon Consol T-bill Debenture ANSWER DOWNLOAD EXAMIANS APP