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Engineering Economics

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

Producer
Buyer or consumer
Manufacturer
Seller

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Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Design cost analysis
Economic Analysis
Engineering cost analysis
Engineering economy

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Engineering Economics
What is the term for an annuity with a fixed time span?

Perpetuity
Ordinary annuity
Annuity certain
Annuity due

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Engineering Economics
What are the two classifications of goods and services?

Raw and finished
Ready-made and made-to-order
Consumer and producer
Local and imported

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Engineering Economics
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?

0.04
0.037
0.034
0.03

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

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

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