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Engineering Economics

Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Bilateral monopoly
Monopoly
Bilateral monopsony
Monopsony

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Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Functional depreciation
Design depreciation
Demand depreciation
Physical depreciation

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Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

30.78 %
30.12 %
29.17 %
28.33 %

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Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

All of these
Forced saving
Consumer saving
Compulsory saving

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Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Oligopsony
Perfect competition
Oligopoly
Monopoly

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Engineering Economics
Pick up the main purpose of project cost control from the following:

To promote cost consciousness
All of these
To signal immediate warning of uneconomic operations
To provide a feed back to the estimator

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MORE MCQ ON Engineering Economics

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