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Engineering Economics

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

Buyer or consumer
Manufacturer
Seller
Producer

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Engineering Economics
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:

Architect/engineer
Construction manager
Construction manager
Owner himself/herself

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Engineering Economics
What is another term for “unit method” for computing depletion?

Percentage method
Initial cost method
Sinking fund method
Factor method

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Engineering Economics
What is the simplest form of business organization?

Sole proprietorship
Corporation
Partnership
Enterprise

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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?

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

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Engineering Economics
Which of these gives the lowest effective rate of interest?

12.20 % compounded annually
12.35 % compounded annually
11.60 % compounded annually
11.90 % compounded annually

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MORE MCQ ON Engineering Economics

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