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Engineering Economics

Engineering Economics
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?

0.0941
0.0931
0.0914
0.0901

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

$ 5,025,000.00
$ 5,000,000.00
$ 5,010,000.00
$ 5,050,000.00

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

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

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Cost per linear metre method
Cost per function method
Cost per square metre method
Base unit method

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

Acid-Test (or Quick) ratio
Current ratio
Debts ratio
Liquidity ratio

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Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Manufacturer
Seller
Producer
Buyer or consumer

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