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Engineering Economics

Engineering Economics
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

Joint bond
Trust bond
Common bond
Debenture bond

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Engineering Economics
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?

Annual cost method
EUAC
Rate of return method
Benefit-cost ratio

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Fair value
Franchise value
Book value
Market value

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Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Goodwill value
Franchise value
Going value
Company value

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Engineering Economics
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.

In-place value
Economic life
Sunk cost
Annuity

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Engineering Economics
What is another term for “perfect competition”?

No-limit competition
Free-for-all competition
Heterogeneous market
Atomistic competition

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