Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Consumer and producer Ready-made and made-to-order Raw and finished Local and imported Consumer and producer Ready-made and made-to-order Raw and finished Local and imported ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Foreign exchange Cash or check Monetary unit Currency Foreign exchange Cash or check Monetary unit Currency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All of these All payments of equal amount A series of payments Payment at equal time intervals All of these All payments of equal amount A series of payments Payment at equal time intervals ANSWER DOWNLOAD EXAMIANS APP
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