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Engineering Economics

Engineering Economics
What is the opposite of perfect competition?

Oligopoly
Monopsony
Oligopsony
Monopoly

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Definitive estimate
None of these
Probabilistic estimate
Conceptual estimate

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Engineering Economics
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Incorporators bond
Registered bond
Callable bond
Preferred bond

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Inflation
Deflation
Depreciation
Depletion

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Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 236.20
P 222.67
P 231.56
P 212.90

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Franchise value
Market value
Book value
Fair value

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