Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of a project is also known as ______. Life cycle cost Life cost Infinite cost Project cost Life cycle cost Life cost Infinite cost Project cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All of these All payments of equal amount Payment at equal time intervals A series of payments All of these All payments of equal amount Payment at equal time intervals A series of payments ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Rate of return method EUAC Benefit-cost ratio Annual cost method Rate of return method EUAC Benefit-cost ratio Annual cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0658 0.0612 0.0689 0.0665 0.0658 0.0612 0.0689 0.0665 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Assembly cost Testing cost Supervision cost Inspection cost Assembly cost Testing cost Supervision cost Inspection cost ANSWER DOWNLOAD EXAMIANS APP