Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Functional depreciation Physical depreciation Demand depreciation Design depreciation Functional depreciation Physical depreciation Demand depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Annuity Capital recovery Annuity factor Amortization Annuity Capital recovery Annuity factor Amortization ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Investors Corporation Partnership Stockholders Investors Corporation Partnership Stockholders ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Oligopoly Oligopsony Duopsony Monopoly Oligopoly Oligopsony Duopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: None of these S (1 + i)1/n S/(1 + i)n S (1 + i)n None of these S (1 + i)1/n S/(1 + i)n S (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS