Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Material cost Fixed cost In-place value First cost Material cost Fixed cost In-place value First cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Corporation Sole proprietorship Partnership Enterprise Corporation Sole proprietorship Partnership Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1195 0.1232 0.1175 0.115 0.1195 0.1232 0.1175 0.115 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: All of these The owner of the facility The consulting architect/engineer The contractor of the project All of these The owner of the facility The consulting architect/engineer The contractor of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1373 0.1346 0.1315 0.1332 0.1373 0.1346 0.1315 0.1332 ANSWER DOWNLOAD EXAMIANS APP