Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Ghost cost Horizon cost Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost Null cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,053 1,043 1,033 1,037 1,053 1,043 1,033 1,037 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Liquid assets Fixed assets Ccash Non-liquid assets Liquid assets Fixed assets Ccash Non-liquid assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Liquidity Leverage Insolvency Solvency Liquidity Leverage Insolvency Solvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Hoard stock Stock pile Withheld stock Buffer stock Hoard stock Stock pile Withheld stock Buffer stock ANSWER DOWNLOAD EXAMIANS APP