Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: All of these The consulting architect/engineer The contractor of the project The owner of the facility All of these The consulting architect/engineer The contractor of the project The owner of the facility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 8 years 7 eyars 9 years 10 years 8 years 7 eyars 9 years 10 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,927.27 P 3,729.27 P 3,792.72 P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 P 3,279.27 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Goods or commodities Commodities Goods Services Goods or commodities Commodities Goods ANSWER DOWNLOAD EXAMIANS APP
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