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Engineering Economics

Engineering Economics
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?

Necessity
Stock
Utility
Commodity

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Engineering Economics
What is the increase in the money value of a capital asset is called?

Capital gain
Capital stock
Profit
Capital expenditure

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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 cost analysis
Engineering economy
Economic Analysis
Design cost analysis

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Engineering Economics
What are the two classifications of goods and services?

Local and imported
Ready-made and made-to-order
Consumer and producer
Raw and finished

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Engineering Economics
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?

5873.2
5690.12
5937.5
5712.4

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Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Monopoly
Oligopoly
Duopsony
Oligopsony

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