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Engineering Economics

Engineering Economics
One banker’s year is equivalent to ______ days.

366
300
360
365

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Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Engineering cost analysis
Economic Analysis
Engineering economy
Design cost analysis

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Engineering Economics
Duopoly is a market situation where there is/are:

Many sellers and few buyers
Few sellers and many buyers
Few sellers and few buyers
One seller and few buyers

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Engineering Economics
What are the common methods of computing depletion charge?

Unit method and percentage method
Discrete method and depletion allowance method
Conservative method and conventional method
Rational method and irrational method

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Engineering Economics
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?

Horizon cost
Opportunity cost
Ghost cost
Null cost

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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.

Known owners
Status company
Goodwill
Big income

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