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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. 5638
Rs. 7738
Rs. 6638
None of these

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Engineering Economics
What are the common methods of computing depletion charge?

Rational method and irrational method
Unit method and percentage method
Conservative method and conventional method
Discrete method and depletion allowance method

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Engineering Economics
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:

a × (n - 1) b
a - (n - 1) b
a + (n + 1) b
a + (n - 1) b

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Engineering Economics
Salvage value is sometimes known as ______.

Junk value
Second-hand value
Going value
Scrap value

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Engineering Economics
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.

Property
Organization
Partnership
Corporation

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Engineering Economics
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

Office
Market
Store
Mall

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