Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)(1/2n) None of these (1 + i)n √(n + i) (1 + i)(1/2n) None of these (1 + i)n √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Fixed cost Supplemental cost Variable cost Incremental cost Fixed cost Supplemental cost Variable cost Incremental cost ANSWER DOWNLOAD EXAMIANS APP
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? Oligopsony Perfect competition Oligopoly Monopoly Oligopsony Perfect competition Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20 P 231.56 P 222.67 P 212.90 P 236.20 P 231.56 P 222.67 P 212.90 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Physical depreciation Functional depreciation Design depreciation Demand depreciation Physical depreciation Functional depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
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