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Engineering Economics

Engineering Economics
The ability to meet debts as they become due is known as ______.

Solvency
Leverage
Liquidity
Insolvency

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Engineering Economics
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.

Good will value
Book value
Fair value
Market value

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Engineering Economics
Capitalized cost of a project is also known as ______.

Life cost
Project cost
Infinite cost
Life cycle cost

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Engineering Economics
Oligopoly exists when there is/are:

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

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Engineering Economics
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

Office
Market
Store
Mall

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Engineering Economics
The functional depreciation is sometimes called ______.

Adolescence
Life depreciation
Failure depreciation
Demand depreciation

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MORE MCQ ON Engineering Economics

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