Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Franchise value Market value Fair value Book value Franchise value Market value Fair value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly? 11.87 years 11.46 years 11.57 years 11.23 years 11.87 years 11.46 years 11.57 years 11.23 years ANSWER DOWNLOAD EXAMIANS APP
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? Monopoly Oligopsony Oligopoly Perfect competition Monopoly Oligopsony Oligopoly Perfect competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.4 hours per unit 1.0 hour per unit 1.6 hours per unit 1.2 hours per unit 1.4 hours per unit 1.0 hour per unit 1.6 hours per unit 1.2 hours per unit 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 Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 1 is considered to be the end of time period 1 Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow All of these Time 1 is considered to be the end of time period 1 Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow All of these ANSWER DOWNLOAD EXAMIANS APP
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