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Engineering Economics

Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Gross income
Total sales
Net income
Net revenue

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Engineering Economics
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.

0.1944
0.1961
0.1972
0.1931

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Engineering Economics
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?

Perfect competition
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

Rs. 4413
Rs. 4826
Rs. 3415
Rs. 4225

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Definitive estimate
Probabilistic estimate
Conceptual estimate
None of these

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Engineering Economics
The financial health of the company is measured in terms of:

Relative risk
All of these
Solvency
Liquidity

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