Engineering Economics What refers to the amount of a product made available for sale? Demand Supply Good Product Demand Supply Good Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Expected return Economic return Effective interest Nominal interest Expected return Economic return Effective interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Opportunity cost Ghost cost Null cost Horizon cost Opportunity cost Ghost cost Null cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For submission of a competitive bid for a lump-sum contract For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Producer Manufacturer Seller Buyer or consumer Producer Manufacturer Seller ANSWER DOWNLOAD EXAMIANS APP
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