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Engineering Economics

Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Perfect competition
Monopoly
Oligopoly
Oligopsony

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Engineering Economics
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;

Compound annuity
Sinking fund annuity
Capital recovery annuity
Present Worth Annuity

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Engineering Economics
Salvage value is sometimes known as ______.

Going value
Second-hand value
Scrap value
Junk value

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Engineering Economics
What refers to the negotiable claim issued by a bank in lien of a term deposit?

Time deposit
Capital gain certificate
Bond
Certificate of deposit

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Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 7738
Rs. 6638
None of these
Rs. 5638

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Engineering Economics
What are the two classifications of goods and services?

Local and imported
Consumer and producer
Raw and finished
Ready-made and made-to-order

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