Engineering Economics The construction manager uses the estimate of the project To develop bids on the project All of these To tell the owner of the project to take his/her financial decision To control the project during its construction To develop bids on the project All of these To tell the owner of the project to take his/her financial decision To control the project during its construction ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Earning value Total market value Total fair value Going concern value Earning value Total market value Total fair value Going concern value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? Going value Company value Goodwill value Franchise value Going value Company value Goodwill value Franchise value 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 diminishing return 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The wages of supervisors and material handlers are charged as: Over head None of these Direct labour cost Indirect labour cost Over head None of these Direct labour cost Indirect labour cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
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