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Engineering Economics

Engineering Economics
What is the opposite of perfect competition?

Monopoly
Monopsony
Oligopoly
Oligopsony

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Engineering Economics
The construction estimate of a project is used by:

The consulting architect/engineer
The contractor of the project
The owner of the facility
All of these

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Money is borrowed for n = 7 years
8% is the rate of interest per year
Both (A) and (B)
Neither (A) nor (B)

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

Oligopoly
Oligopsony
Monopoly
Perfect competition

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1029
0.1219
0.1203
0.1154

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Engineering Economics
What refers to a document that shows proof of legal ownership of a financial security?

Check
Coupon
Bond
Bank note

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