Chemical Engineering Plant Economics
For a given fluid, as the pipe diameter increases, the pumping cost

Decreases
Increases
Remains the same
May increase or decrease, depending upon whether the fluid is Newtonian or non-Newtonian

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Chemical Engineering Plant Economics
Pick out the correct statement.

Difference between income and expense is termed as gross revenue
Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment
Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat
Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale

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