Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Producer
Seller
Manufacturer
Buyer or consumer

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Engineering Economics
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.

1,120 feet
1,100 feet
1,000 feet
1,040 feet

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
All of these
Did the estimators use short cut methods which may be unrealistic in their situation
Did the estimators precisely evaluate site conditions

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