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Engineering Economics

Engineering Economics
What refers to the amount of a product made available for sale?

Good
Product
Demand
Supply

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Engineering Economics
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.

Perfect monopoly
Natural monopoly
Ordinary monopoly
Bilateral monopoly

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Engineering Economics
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?

Yield
Rate of return
Return of investment
Economic return

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Engineering Economics
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:

Construction manager
Architect/engineer
Owner himself/herself
Construction manager

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,308.45
P 9,228.45
P 9,250.00
P 9,358.41

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

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

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