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Engineering Economics

Engineering Economics
What market situation exists where there are few sellers and few buyers?

Oligopsony
Bilateral oligopoly
Oligopoly
Bilateral Oligopsony

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,200.00
P 2,000.00
P 2,300.00
P 2,100.00

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Engineering Economics
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.

In-place value
Sunk cost
Annuity
Economic life

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Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P705.42
P700.12
P702.15
P693.12

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Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Consumer products
Luxury
Producer products
Necessity

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Engineering Economics
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

Common bond
Trust bond
Debenture bond
Joint bond

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