eng econ Flashcards
1
Q
An artificial expense that spreads the
purchase price of an asset or other property
over a number of years.
A. Depreciation
C. Amnesty
B. sinking fund
D. equity
A
A. Depreciation
2
Q
A condition where only few individual produce a certain product that action of one will lead to almost the same action by the other.
a. monopoly
b. oligopoly
c. semi-monopoly
d. perfect competition
A
b. oligopoly
3
Q
Intangible assets of a corporation or company
A. dacion-en-pago
B. investment
C. patents
D. equity
A
C. patents