Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Necessity Utility Stock Commodity Necessity Utility Stock Commodity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions All of these Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions All of these Did the estimators use short cut methods which may be unrealistic in their situation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Both (A) and (B) Neither (A) nor (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Both (A) and (B) Neither (A) nor (B) Money is borrowed for n = 7 years 8% is the rate of interest per year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Installation expenses All of these The original purchase price and freight charges Initial taxes and permit fees Installation expenses All of these The original purchase price and freight charges Initial taxes and permit fees ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
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