Engineering Economics What is the factor name of the formula (1+i)^-n? Single payment compound amount Capital recovery Uniform gradient future worth Single payment present worth Single payment compound amount Capital recovery Uniform gradient future worth Single payment present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To signal immediate warning of uneconomic operations To provide a feed back to the estimator To promote cost consciousness All of these To signal immediate warning of uneconomic operations To provide a feed back to the estimator To promote cost consciousness All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopoly Oligopsony Monopoly Monopsony Oligopoly Oligopsony Monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per function method Cost per square metre method Base unit method Cost per linear metre method Cost per function method Cost per square metre method Base unit method Cost per linear metre method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators precisely evaluate site conditions Did the estimators use short cut methods which may be unrealistic in their situation All of these How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions Did the estimators use short cut methods which may be unrealistic in their situation All of these How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost ANSWER DOWNLOAD EXAMIANS APP