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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
Seller
Manufacturer

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

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

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1,033
1,053
1,037
1,043

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Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Goodwill value
Company value
Going value
Franchise value

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Engineering Economics
Duopoly is a market situation where there is/are:

Few sellers and many buyers
Many sellers and few buyers
One seller and few buyers
Few sellers and few buyers

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Engineering Economics
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

P 4,820.00
P 4,880.00
P 4,840.00
P 4,860.00

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