Question 81. What is another term for “perfect competition”?

Question 82. Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

Question 83. A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

Question 84. What is the feature of some bonds whereby the issuer can redeem it before it matures?

Question 85. Present worth Annuity (PWA) is generally known as

Question 86. 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?

Question 87. What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

Question 88. Duopoly is a market situation where there is/are:

Question 89. Duopsony is a market situation where there is/are:

Question 90. What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?