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Engineering Economics

Engineering Economics
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?

5937.5
5712.4
5873.2
5690.12

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Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Bilateral monopsony
Bilateral monopoly
Monopoly
Monopsony

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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
Base unit method
Cost per square metre method

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Engineering Economics
What is the simplest form of business organization?

Enterprise
Partnership
Sole proprietorship
Corporation

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Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

First cost
In-place value
Material cost
Fixed cost

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Engineering Economics
Oligopoly exists when there is/are:

One seller and few buyers
Many sellers and few buyers
Few sellers and few buyers
Few sellers and many buyers

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