Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Depreciation Inflation Deflation Depletion Depreciation Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 13 months 11 months 12 months 10 months 13 months 11 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Corporation Partnership Enterprise Cooperative Corporation Partnership Enterprise Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the first payment does not begin until some later date in the cash flow? Annuity due Perpetuity Ordinary annuity Deferred annuity Annuity due Perpetuity Ordinary annuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Enterprise Partnership Sole proprietorship Corporation Enterprise Partnership Sole proprietorship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Goods or commodities Commodities Goods Services Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
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