Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods or commodities Goods Commodities Services Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Bilateral monopsony Monopoly Bilateral monopoly Monopsony Bilateral monopsony Monopoly Bilateral monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Utility Necessity Commodity Stock Utility Necessity Commodity 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? Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,120 feet 1,100 feet 1,040 feet 1,000 feet 1,120 feet 1,100 feet 1,040 feet 1,000 feet ANSWER DOWNLOAD EXAMIANS APP
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