Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a - (n - 1) b a × (n - 1) b a + (n + 1) b a + (n - 1) b a - (n - 1) b a × (n - 1) b a + (n + 1) b a + (n - 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Installation expenses The original purchase price and freight charges Initial taxes and permit fees All of these Installation expenses The original purchase price and freight charges Initial taxes and permit fees All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? No-limit competition Free-for-all competition Atomistic competition Heterogeneous market No-limit competition Free-for-all competition Atomistic competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
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. 3415 Rs. 4826 Rs. 4225 Rs. 4413 Rs. 3415 Rs. 4826 Rs. 4225 Rs. 4413 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopoly Monopsony Oligopsony Oligopoly Monopoly Monopsony Oligopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP