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 supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Stock Bond T-bills Promissory note Stock Bond T-bills Promissory note ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the first payment does not begin until some later date in the cash flow? Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: All of these Base unit method Cost per function method Cost per square metre All of these Base unit method Cost per function method Cost per square metre ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Deflation Depletion Inflation Depreciation Deflation Depletion Inflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
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