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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. 7738
Rs. 5638
Rs. 6638
None of these

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Cooperative
Corporation
Enterprise
Partnership

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Engineering Economics
What is a secondary book of accounts, the information of which is obtained from the journal is called?

Ledger
Trial balance
Worksheet
Balanced sheet

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Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Capital recovery
Cash flow
Earning value
Economic return

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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?

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

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Engineering Economics
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:

Law of supply and demand
Law of demand
Law of diminishing return
Law of supply

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