Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Annual cost method Rate of return method Benefit-cost ratio EUAC Annual cost method Rate of return method Benefit-cost ratio EUAC ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Utility Necessity Stock Commodity Utility Necessity Stock Commodity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net income Gross income Net revenue Total sales Net income Gross income Net revenue ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,100 feet 1,120 feet 1,040 feet 1,000 feet 1,100 feet 1,120 feet 1,040 feet 1,000 feet ANSWER DOWNLOAD EXAMIANS APP
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