Engineering Economics The construction estimate of a project is used by: The contractor of the project All of these The consulting architect/engineer The owner of the facility The contractor of the project All of these The consulting architect/engineer The owner of the facility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) (1 + ni) None of these ni (ni - 1) (1 + ni) None of these ni ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P693.12 P705.42 P700.12 P702.15 P693.12 P705.42 P700.12 P702.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopoly is a market situation where there is/are: Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 1 is considered to be the end of time period 1 Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow All of these Time 1 is considered to be the end of time period 1 Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow All of these ANSWER DOWNLOAD EXAMIANS APP
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