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

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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

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3
Q

Intangible assets of a corporation or company
A. dacion-en-pago
B. investment
C. patents
D. equity

A

C. patents

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