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 If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: ni None of these (ni - 1) (1 + ni) ni None of these (ni - 1) (1 + ni) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Goodwill Big income Status company Known owners Goodwill Big income Status company Known owners ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopsony Oligopoly Monopsony Monopoly Oligopsony Oligopoly Monopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Demand Good Product Supply Demand Good Product ANSWER DOWNLOAD EXAMIANS APP
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