Engineering Economics What is the change in cost per unit variable change called? Incremental cost Variable cost Supplemental cost Fixed cost Incremental cost Variable cost Supplemental cost Fixed cost 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. Natural monopoly Ordinary monopoly Perfect monopoly Bilateral monopoly Natural monopoly Ordinary monopoly Perfect monopoly Bilateral monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Ledger system General journal system Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: None of these S (1 + i)1/n S/(1 + i)n S (1 + i)n None of these S (1 + i)1/n S/(1 + i)n S (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Current ratio Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
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