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Engineering Economics

Engineering Economics
The original record of a business transaction is recorded in this book.

Work book
Ledger
Journal
Account book

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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 cost analysis
Engineering economy

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Engineering Economics
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?

Straight line method
Sinking fund method
Declining balance method
Sum-of-year digit method

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.04
0.0425
0.0415
0.0367

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Engineering Economics
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?

Annual cost method
Present worth method
Capitalized cost method
MARR

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Engineering Economics
What is the opposite of perfect competition?

Oligopsony
Oligopoly
Monopsony
Monopoly

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