Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Seller Buyer or consumer Manufacturer Producer Seller Buyer or consumer Manufacturer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Hoard stock Stock pile Withheld stock Buffer stock Hoard stock Stock pile Withheld stock Buffer stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P44.55 P 62.44 P54.66 P37.56 P44.55 P 62.44 P54.66 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Few sellers and many buyers Few sellers and few buyers Many sellers and few buyers One seller and few buyers Few sellers and many buyers Few sellers and few buyers Many sellers and few buyers One seller and few buyers ANSWER DOWNLOAD EXAMIANS APP
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