Engineering Economics What is normally used to compare alternatives that accomplish the same purpose but have unequal lives? MARR Capitalized cost method Present worth method Annual cost method MARR Capitalized cost method Present worth method Annual cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Seller Manufacturer Buyer or consumer Producer Seller Manufacturer Buyer or consumer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.32 % 16.02 % 16.47 % 16.28 % 16.32 % 16.02 % 16.47 % 16.28 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product 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 Capitalized cost of a project is also known as ______. Life cost Project cost Infinite cost Life cycle cost Life cost Project cost Infinite cost Life cycle cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
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