Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Bilateral monopoly Monopoly Monopsony Bilateral monopsony Bilateral monopoly Monopoly Monopsony Bilateral monopsony 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 ______. Corporation Stockholders Partnership Investors Corporation Stockholders Partnership Investors ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Goodwill Known owners Status company Big income Goodwill Known owners Status company Big income 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. 1,040 feet 1,120 feet 1,000 feet 1,100 feet 1,040 feet 1,120 feet 1,000 feet 1,100 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 365 366 360 300 365 366 360 300 ANSWER DOWNLOAD EXAMIANS APP
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