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Engineering Economics

Engineering Economics
What market situation exists where there are few sellers and few buyers?

Bilateral oligopoly
Oligopsony
Bilateral Oligopsony
Oligopoly

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

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

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Engineering Economics
What is the type of annuity where the first payment does not begin until some later date in the cash flow?

Deferred annuity
Perpetuity
Annuity due
Ordinary annuity

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Engineering Economics
What is the opposite of perfect competition?

Oligopoly
Oligopsony
Monopsony
Monopoly

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Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Assets
Capital
Funds
Liabilities

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Engineering Economics
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund?

Bond
T-bills
Bank notes
Securities

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MORE MCQ ON Engineering Economics

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