Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions 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 use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions 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
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Supervision cost Inspection cost Assembly cost Testing cost Supervision cost Inspection cost Assembly cost Testing cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 13 months 12 months 11 months 10 months 13 months 12 months 11 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity In-place value Economic life Sunk cost Annuity In-place value Economic life Sunk cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Expected return Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest ANSWER DOWNLOAD EXAMIANS APP