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Engineering Economics

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

Fixed cost
Supplemental cost
Incremental cost
Variable cost

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Compound interest
Simple interest
Nominal rate of interest
Effective rate of interest

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Engineering Economics
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?

P39.01
P39.99
P39.82
P39.45

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Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Ordinary annuity
Annuity due
Deferred annuity
Perpetuity

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Engineering Economics
What are the common methods of computing depletion charge?

Rational method and irrational method
Conservative method and conventional method
Discrete method and depletion allowance method
Unit method and percentage method

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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?

Functional depreciation
Design depreciation
Physical depreciation
Demand depreciation

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MORE MCQ ON Engineering Economics

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