Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Deduction Inflation Discount Depletion Deduction Inflation Discount Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,292.93 P 6,222.39 P 6,999.39 P 6,922.93 P 6,292.93 P 6,222.39 P 6,999.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Perfect monopoly Ordinary monopoly Natural monopoly Bilateral monopoly Perfect monopoly Ordinary monopoly Natural monopoly Bilateral monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1195 0.1175 0.115 0.1232 0.1195 0.1175 0.115 0.1232 ANSWER DOWNLOAD EXAMIANS APP
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