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ENGINEERING ECONOMICS

Engineering Economics
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

Mall
Office
Store
Market

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Engineering Economics
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.

Currency float
Currency devaluation
Currency depreciation
Currency appreciation

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Engineering Economics
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?

Sum-of-year digit method
Sinking fund method
Declining balance method
Straight line method

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Engineering Economics
The sunk costs include:

An invested capital that cannot be retrieved
An unrecovered balance
All of these
A past expenditure

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Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1373
0.1315
0.1346
0.1332

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