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Engineering Economics

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

Proprietorship
Liability
Equity
Assets

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Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Bilateral monopsony
Monopsony
Monopoly
Bilateral monopoly

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Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Yield rate
Rate of interest
Rate of return
Economic return

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Engineering Economics
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

Uniform series sinking fund
Capital recovery
Uniform gradient future worth
Single payment present worth

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Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Railroad bond
Equipment obligation bond
Equipment trust bond
Equipment bond

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Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Producer products
Necessity
Luxury
Consumer products

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