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Engineering Economics

Engineering Economics
Probabilistic estimating of a construction project includes:

Productivity
All of these
Labour
Wage scale

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Simple interest
Effective rate of interest
Compound interest
Nominal rate of interest

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Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Consumer saving
Forced saving
All of these
Compulsory saving

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Depreciation
Depletion
Deflation
Inflation

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Engineering Economics
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

P 3,279.27
P 3,792.72
P 3,729.27
P 3,927.27

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Current asset
Fixed asset
Trade investment asset
Intangible asset

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