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Engineering Economics

Engineering Economics
The wages of supervisors and material handlers are charged as:

None of these
Indirect labour cost
Direct labour cost
Over head

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Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0824
0.0812
0.0807
0.0816

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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?

Engineering economy
Engineering cost analysis
Economic Analysis
Design cost analysis

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Engineering Economics
Ratio analysis of a construction firm is used for analysis by:

Firm's management
Banks of the firm
Financial analysts
Share holders

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Engineering Economics
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?

P 3,280.34
P 3,270.34
P 3,260.34
P 3,250.34

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Engineering Economics
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:

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

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