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? Time value of money Present worth factor Interest rate Yield Time value of money Present worth factor Interest rate Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P44.55 P 62.44 P54.66 P37.56 P44.55 P 62.44 P54.66 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Monopoly Oligopoly Duopsony Oligopsony Monopoly Oligopoly Duopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0398 0.0395 0.039 0.0392 0.0398 0.0395 0.039 0.0392 ANSWER DOWNLOAD EXAMIANS APP
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