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Engineering Economics

Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 6638
Rs. 5638
Rs. 7738
None of these

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Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

25.8 %
24.7 %
23.5 %
25.0 %

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Engineering Economics
What is the simplest form of business organization?

Partnership
Enterprise
Corporation
Sole proprietorship

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Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Currency
Cash or check
Monetary unit
Foreign exchange

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Engineering Economics
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset?

After-tax recovery
Depreciation recovery
Period recovery
Asset recovery

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Engineering Economics
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?

All of these
Free market entry and exit
Homogeneous product
Perfect information and absence of all economic friction

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