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Engineering Economics

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

Liability
Equity
Proprietorship
Assets

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Engineering Economics
How long will it take money to double itself if invested at 5% compounded annually?

14.7 years
13.7 years
15.3 years
14.2 years

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Perfect competition
Oligopsony
Oligopoly
Monopoly

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Engineering Economics
Probabilistic estimating of a construction project includes:

Wage scale
All of these
Productivity
Labour

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Engineering Economics
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

Goods
Goods or commodities
Commodities
Services

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Principal
Interest
Simple interest
Rate of interest

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MORE MCQ ON Engineering Economics

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