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Engineering Economics

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

360
300
365
366

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1053
1033
1043
1037

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Engineering Economics
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?

Free market entry and exit
Homogeneous product
Perfect information and absence of all economic friction
All of these

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1029
0.1203
0.1154
0.1219

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Inflation
Depletion
Deduction
Discount

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Engineering Economics
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?

0.1267
0.1234
0.1207
0.1287

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