Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Commodity Necessity Utility Stock Commodity Necessity Utility Stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of return Rate of interest Yield rate Economic return Rate of return Rate of interest Yield rate Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Ghost cost Null cost Opportunity cost Horizon cost Ghost cost Null cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Principal Interest Simple interest Rate of interest Principal Interest Simple interest 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 6,292.93 P 6,999.39 P 6,222.39 P 6,922.93 P 6,292.93 P 6,999.39 P 6,222.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To promote cost consciousness All of these To signal immediate warning of uneconomic operations To provide a feed back to the estimator To promote cost consciousness All of these To signal immediate warning of uneconomic operations To provide a feed back to the estimator ANSWER DOWNLOAD EXAMIANS APP
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