Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Yield rate Economic return Rate of return Rate of interest Yield rate Economic return Rate of return Rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Office Store Market Mall Office Store Market Mall ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Tax credit Revenue credit Due credit Credible credit Tax credit Revenue credit Due credit Credible credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.28 % 16.32 % 16.47 % 16.02 % 16.28 % 16.32 % 16.47 % 16.02 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction manager uses the estimate of the project All of these To develop bids on the project To control the project during its construction To tell the owner of the project to take his/her financial decision All of these To develop bids on the project To control the project during its construction To tell the owner of the project to take his/her financial decision ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
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