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Engineering Economics

Engineering Economics
What refers to the claim of anyone to ownership?

Equity
Proprietorship
Liability
Assets

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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
Bilateral monopoly
Natural monopoly
Ordinary monopoly

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

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

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Both (A) and (B)
Neither (A) nor (B)
8% is the rate of interest per year
Money is borrowed for n = 7 years

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Engineering Economics
The ability to meet debts as they become due is known as ______.

Insolvency
Liquidity
Solvency
Leverage

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Engineering Economics
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.

Organization
Corporation
Property
Partnership

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