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Engineering Economics

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

Proprietorship
Assets
Liability
Equity

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Engineering Economics
The original record of a business transaction is recorded in this book.

Account book
Work book
Ledger
Journal

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

13.7 years
14.2 years
15.3 years
14.7 years

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Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,222.39
P 6,999.39
P 6,292.93
P 6,922.93

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Engineering Economics
A project construction cost estimate includes:

The labour and material cost
All of these
The equipment and over head cost
The profit of the contractor

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

Bilateral monopoly
Monopoly
Monopsony
Bilateral monopsony

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