Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is normally used to compare alternatives that accomplish the same purpose but have unequal lives? Capitalized cost method Annual cost method MARR Present worth method Capitalized cost method Annual cost method MARR Present worth method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 11 months 10 months 12 months 13 months 11 months 10 months 12 months 13 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Enterprise Partnership Sole proprietorship Corporation Enterprise Partnership Sole proprietorship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: One seller and few buyers Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers ANSWER DOWNLOAD EXAMIANS APP