A. Monopsony
B. Monopoly
C. Bilateral monopsony
D. Bilateral monopoly
✅ The correct answer is option D.
Engineering Economy MCQs
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 ?
A. 2.590
B. 2,632
C. 2,712
D. 2,890
✅ The correct answer is option B.
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 ?
A. 11.23 years
B. 11.46 years
C. 11.57 years
D. 11.87 years
✅ The correct answer is option C.
What type of bond is issued jointly by two or more corporations ?
A. Mortgage bond
B. Joint bond
C. Tie-up bond
D. Trust bond
✅ The correct answer is option B.
What are the two classifications of goods and services ?
A. Local and imported
B. Raw and finished
C. Consumer and producer
D. Ready-made and made-to-order
✅ The correct answer is option C.
What is the feature of some bonds whereby the issuer can redeem it before it matures ?
A. Return clause
B. Callability
C. Recall clause
D. Call class
✅ The correct answer is option B.
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time ?
A. Depletion
B. Inflation
C. Depreciation
D. Deflation
✅ The correct answer is option C.
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it ?
A. Preferred bond
B. Registered bond
C. Incorporators bond
D. Callable bond
✅ The correct answer is option B.
The functional depreciation is sometimes called ____________________?
A. Demand depreciation
B. Adolescence
C. Life depreciation
D. Failure depreciation
✅ The correct answer is option B.
What refers to a document that shows proof of legal ownership of a financial security ?
A. Bond
B. Bank note
C. Coupon
D. Check
✅ The correct answer is option C.