Arithmetic definition part 1

The money paid for the use of borrowed capital.

• A. Interest

• B. Amortization

• C. Annuity

• D. Bonds

A market situation in which two competing buyers exert controlling influence over many sellers.

• A. Bilateral monopoly

• B. Oligopoly

• C. Duepsony

• D. Duopoly

A market whereby there is only one buyer of an item for when there are no goods substitute.

• A. Monosony

• B. Monopoly

• C. Oligopoly

• D. Oligopsony

Additional information of prospective bidders on contract documents issued prior to bidding date.

• A. Delict

• B. Escalatory

• C. Technological assessment

• D. Bid bulletin

An economic condition in which there are so few suppliers of a particular product that one supplier's actions significantly affect prices and supply.

• A. Oligopoly

• B. Monopsony

• C. Monopoly

• D. Perfect competition

An economic condition in which there are so few suppliers of a particular product that one supplier's actions significantly affect prices and supply.

• A. Oligopoly

• B. Monopsony

• C. Monopoly

• D. Perfect competition

An index of short term paying ability is called:

• A. Receivable turn-over

• B. Profit margin ratio

• C. Current ratio

• D. Acid-test ratio

The place where buyers and sellers come together.

• A. Market

• B. Business

• C. Recreation center

• D. Buy and sell section

It is a series of equal payments occurring at equal interval of time.

• A. Annuity

• B. Debt

• C. Amortization

• D. Deposit

It is a series of equal payments occurring at equal interval of time where the first payment is made after several periods, after the beginning of the payment.

• A. Perpetuity

• B. Ordinary annuity

• C. Annuity due

• D. Deferred annuity