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Engineering Economics

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Interest
Simple interest
Principal
Rate of interest

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Engineering Economics
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.

Entrepreneurship
Corporation
Sole proprietorship
Partnership

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Engineering Economics
What is a government bond which has an indefinite life rather than a specific maturity?

T-bill
Consol
Debenture
Coupon

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Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Monopoly
Oligopoly
Monopsony
Oligopsony

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Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 6638
Rs. 5638
None of these
Rs. 7738

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Engineering Economics
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.

Known owners
Status company
Goodwill
Big income

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