Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Goods or commodities Commodities Goods Services Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1628 0.1632 0.1647 0.1602 0.1628 0.1632 0.1647 0.1602 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Mortgage bond Collateral trust bond Debenture bond Registered bond Mortgage bond Collateral trust bond Debenture bond Registered bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 0 is considered to be the present All of these Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow Time 0 is considered to be the present All of these Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow ANSWER DOWNLOAD EXAMIANS APP
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