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Engineering Economics

Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Inflation
Depletion
Discount
Deduction

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Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Consumer products
Luxury
Necessity
Producer products

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Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Callability
Call class
Recall clause
Return clause

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Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.2 hours per unit
1.0 hour per unit
1.4 hours per unit
1.6 hours per unit

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Engineering Economics
What stock represents ownership and enjoys certain preferences than ordinary stock?

Presidential stock
Preferred stock
Authorized stock
Incorporator’s stock

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Entrepreneurship
Partnership
Proprietorship
Corporation

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MORE MCQ ON Engineering Economics

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