Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0689 0.0658 0.0665 0.0612 0.0689 0.0658 0.0665 0.0612 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year? P 4,860.00 P 4,840.00 P 4,880.00 P 4,820.00 P 4,860.00 P 4,840.00 P 4,880.00 P 4,820.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Single payment present worth Uniform gradient future worth Uniform series sinking fund Capital recovery Single payment present worth Uniform gradient future worth Uniform series sinking fund Capital recovery ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Insolvency Leverage Liquidity Solvency Insolvency Leverage Liquidity ANSWER DOWNLOAD EXAMIANS APP