Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Corporation Organization Partnership Property Corporation Organization Partnership Property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Forced saving Consumer saving All of these Compulsory saving Forced saving Consumer saving All of these Compulsory saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.59 2712 2890 2632 2.59 2712 2890 2632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,945.64 P1,345.98 P1,459.64 P1,549.64 P1,945.64 P1,345.98 P1,459.64 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS