Engineering Economics
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.

Currency depreciation
Currency devaluation
Currency float
Currency appreciation

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2712
2.59
2632
2890

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Engineering Economics
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To check quotations from contractors and/or sub-contractors
To have a check on a definitive cost estimate
All of these
To compute target estimate for the owner while drawing and specifications are in initial stage

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