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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
Monopsony
Monopoly
Oligopsony

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Engineering Economics
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?

Functional depreciation
Design depreciation
Physical depreciation
Demand depreciation

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Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Sinking Fund Annuity is availed
Present work Annuity is availed
Sinking Fund Annuity is availed
Capital Recovery Annuity fs availed

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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
P1,459.64
P1,549.64
P1,945.64

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Inflation
Depletion
Deduction
Discount

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Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Assembly cost
Inspection cost
Testing cost
Supervision cost

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