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Engineering Economics

Engineering Economics
What is the change in cost per unit variable change called?

Incremental cost
Fixed cost
Supplemental cost
Variable cost

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Engineering Economics
What refers to the amount of a product made available for sale?

Product
Good
Supply
Demand

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Engineering Economics
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

None of these
(1 + i)n
√(n + i)
(1 + i)(1/2n)

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

None of these
Solvency ratio
Acid test ratio
Turnover ratio

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Engineering Economics
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.

0.1972
0.1931
0.1961
0.1944

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Perpetuity
Ordinary annuity
Annuity due
Deferred annuity

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