Engineering Economics What is the opposite of perfect competition? Oligopsony Oligopoly Monopsony Monopoly Oligopsony Oligopoly Monopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Conservative method and conventional method Unit method and percentage method Rational method and irrational method Discrete method and depletion allowance method Conservative method and conventional method Unit method and percentage method Rational method and irrational method Discrete method and depletion allowance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.02 % 16.28 % 16.47 % 16.32 % 16.02 % 16.28 % 16.47 % 16.32 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1972 0.1931 0.1961 0.1944 0.1972 0.1931 0.1961 0.1944 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Store Mall Office Market Store Mall Office Market ANSWER DOWNLOAD EXAMIANS APP