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Engineering Economics

Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Manufacturer
Buyer or consumer
Producer
Seller

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

None of these
Interest
Ordinary simple interest
Exact simple interest

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Engineering Economics
Pick up the method used for project evaluation and selection in capital budgeting from the following:

Payback period
All listed here
Internal ratio of return
Net present worth

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Sum-of-year digit method
Sinking fund method
Declining balance method
Straight line method

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Engineering Economics
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:

Law of supply and demand
Law of demand
Law of diminishing return
Law of supply

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Engineering Economics
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

Stock
T-bills
Promissory note
Bond

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