Engineering Economics Probabilistic estimating of a construction project includes: Wage scale Labour Productivity All of these Wage scale Labour Productivity All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Natural monopoly Bilateral monopoly Ordinary monopoly Perfect monopoly Natural monopoly Bilateral monopoly Ordinary monopoly Perfect monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Both architect and engineer make use of the cost estimate of the project: For choosing alternatives For site selection For designing of the project All of these For choosing alternatives For site selection For designing of the project All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is not a construction estimate? Definite estimate Initial feasibility estimate Conceptual preliminary budget None of these Definite estimate Initial feasibility estimate Conceptual preliminary budget None of these ANSWER DOWNLOAD EXAMIANS APP
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