Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Good Product Demand Supply Good Product Demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods or commodities Commodities Goods Services Goods or commodities Commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Each financial ratio is generally compared by A ratio developed by using the projected financial statement of the firm All of these A past ratio calculated from the past financial standard of the firm A ratio of some selected firms most progressive and successful at the point of consideration A ratio developed by using the projected financial statement of the firm All of these A past ratio calculated from the past financial standard of the firm A ratio of some selected firms most progressive and successful at the point of consideration ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Expected return Nominal interest Economic return Effective interest Expected return Nominal interest Economic return Effective interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Oligopsony Duopsony Monopoly Oligopoly Oligopsony Duopsony Monopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Present worth factor Demand factor Sinking fund factor Load factor Present worth factor Demand factor Sinking fund factor Load factor ANSWER DOWNLOAD EXAMIANS APP
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