civil engineering Mcqs
3951. What is the opposite of perfect competition ?
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A. Oligopoly

B. Monopoly

C. Oligopsony

D. Monopsony

3953. What type of bond is issued jointly by two or more corporations ?
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A. Trust bond

B. Mortgage bond

C. Joint bond

D. Tie-up bond

3954. What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ?
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A. Effective rate of interest

B. Simple interest

C. Compound interest

D. Nominal rate of interest

3959. The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are below.
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A. how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected ?

B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.

C. The construction of the building now to cost P 400,000

3962. What is another term for perfect competition ?
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A. Free-for-all competition

B. No-limit competition

C. Atomistic competition

D. Heterogeneous market

3967. Which of these gives the lowest effective rate of interest ?
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A. 12.20 % compounded annually

B. 11.60 % compounded annually

C. 11.90 % compounded annually

D. 12.35 % compounded annually

3969. Aside from many sellers and many buyers, which one is a characteristic of perfect competition ?
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A. Homogeneous product

B. All of the above

C. Perfect information and absence of all economic friction

D. Free market entry and exit

3978. What refers to the present worth of all the amount the bondholder will receive through his possession of the bond ?
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A. Redeemed value of bond

B. Value of bond

C. Par value of bond

D. Face value of bond

3984. Which is NOT an essential element of an ordinary annuity ?
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A. Compound interest is paid on all amounts in the annuity.

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

C. The amounts of all payments are equal.

D. The payments are made at equal interval of time.

3987. Oligopoly exists when there is/are _______________?
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A. Few sellers and many buyers

B. Many sellers and few buyers

C. Few sellers and few buyers

D. One seller and few buyers

3989. In computing depreciation of an equipment, which of the following represents the first cost ?
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A. Initial taxes and permit fees

B. All of the above

C. The original purchase price and freight charges

D. Installation expenses

3990. The declining balance method is also known as ____________________?
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A. Modified sinking fund method

B. Double percentage method

C. Modified SYD method

D. Constant percentage method
3994. Salvage value is sometimes known as _____________________?
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A. Second-hand value

B. Junk value

C. Scrap value

D. Going value