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Engineering Economics

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

Oligopsony
Bilateral Oligopsony
Bilateral oligopoly
Oligopoly

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Engineering Economics
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?

Interest rate
Yield
Present worth factor
Time value of money

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

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

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Engineering Economics
Return on investment ratio is the ratio of the:

Cost of goods sold to average cost of inventory at hand
Net income to owner’s equity
Net credit sales to average net receivable
Market price per share to earnings per share

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Engineering Economics
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?

0.19
0.2
0.21
0.18

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Engineering Economics
Present worth Annuity (PWA) is generally known as

Future annuities
All of these
Premium annuities
Income annuities

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