MCQ in Engineering Economics Part 2 – Answers

Below are the answers key for the Multiple Choice Questions in Engineering Economics Part 2.

51. Economic Analysis

52. Foreign exchange

53. Goods or commodities

54. Services

55. Consumer and producer

56. Necessity

57. Necessity

58. Market

59. Buyer or consumer

60. Producer

61. Monopsony

62. Bilateral oligopoly

63. Bilateral monopoly

64. Perfect competition

65. Monopoly

66. Oligopsony

67. Few sellers and many buyers

68. Many sellers and few buyers

69. Few sellers and many buyers

70. Atomistic competition

71. Perfect competition

72. All of the above

73. Monopoly

74. the single vendor can prevent the entry of all other vendors in the market

75. Natural monopoly

76. Law of diminishing return

77. Demand

78. Supply

79. Law of supply and demand

80. Commodity

81. Simple interest

82. 360

83. 360

84. Time value of money

85. Discount

86. Earning value

87. Interest

88. Interest rate

89. Compound interest

90. Rate of interest

91. Annuity

92. Annuity certain

93. Ordinary annuity

94. Annuity due

95. Perpetuity

96. Deferred annuity

97. The first payment is made at the beginning of the first period.

98. Bond

99. Value of bond

100. Bond

Online Questions and Answers in Engineering Economics Series

Following is the list of practice exam test questions in this brand new series:

Complete List of MCQs in General Engineering and Applied Sciences per topic

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