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Engineering Economics

Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Oligopoly
Monopoly
Oligopsony
Monopsony

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Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,345.98
P1,549.64
P1,459.64
P1,945.64

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Engineering Economics
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.

P 43,763.20
P 43,600.10
P 43,489.47
P 43,263.91

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Engineering Economics
The process of determining the value or worth of a physical property for specific reason is called ______.

Economy
Investment
Depletion
Valuation

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Rate of interest
Interest
Simple interest
Principal

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Engineering Economics
Which one of the following is not a construction estimate?

Initial feasibility estimate
Definite estimate
Conceptual preliminary budget
None of these

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