Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0824 0.0816 0.0812 0.0807 0.0824 0.0816 0.0812 0.0807 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Ghost cost Horizon cost Null cost Opportunity cost Ghost cost Horizon cost Null cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction manager uses the estimate of the project To tell the owner of the project to take his/her financial decision To develop bids on the project All of these To control the project during its construction To tell the owner of the project to take his/her financial decision To develop bids on the project All of these To control the project during its construction ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 366 300 360 365 366 300 360 365 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Good Supply Product Demand Good Supply Product Demand ANSWER DOWNLOAD EXAMIANS APP