Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods or commodities Goods Commodities Services Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Product Supply Demand Good Product Supply Demand Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Increment cost Annual cost Capitalized cost Operating cost Increment cost Annual cost Capitalized cost Operating cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually? P 143,104.89 P 142,999.08 P 142,189.67 P 143,999.08 P 143,104.89 P 142,999.08 P 142,189.67 P 143,999.08 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To compare short term obligations to short-term resources available to meet these obligations All of these To obtain much insight into the present cash solvency of the firm and the firm To measure a firm’s ability to meet short-cut obligations To compare short term obligations to short-term resources available to meet these obligations All of these To obtain much insight into the present cash solvency of the firm and the firm To measure a firm’s ability to meet short-cut obligations ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these To keep the project cost equal to subsequent construction budget To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
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