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Engineering Economics

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

Incremental cost
Supplemental cost
Fixed cost
Variable cost

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Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1332
0.1373
0.1346
0.1315

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Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,459.64
P1,945.64
P1,549.64
P1,345.98

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Engineering Economics
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.

Market value
Fair value
Good will value
Book value

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Engineering Economics
What is another term for “perfect competition”?

Free-for-all competition
Atomistic competition
No-limit competition
Heterogeneous market

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Engineering Economics
Capitalized cost of a project is also known as ______.

Project cost
Life cycle cost
Life cost
Infinite cost

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