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 ______. Market value Book value Fair value Good will value Market value Book value Fair value Good will value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Consumer products Producer products Luxury Necessity Consumer products Producer products Luxury Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5010000 5000000 5050000 5025000 5010000 5000000 5050000 5025000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 P 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the first payment does not begin until some later date in the cash flow? Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
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? Design cost analysis Economic Analysis Engineering economy Engineering cost analysis Design cost analysis Economic Analysis Engineering economy Engineering cost analysis ANSWER DOWNLOAD EXAMIANS APP