Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Interest rate Yield Time value of money Present worth factor Interest rate Yield Time value of money Present worth factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P693.12 P702.15 P700.12 P705.42 P693.12 P702.15 P700.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by: Architect/engineer Owner himself/herself Construction manager Construction manager Architect/engineer Owner himself/herself Construction manager Construction manager ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
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? Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly Oligopoly ANSWER DOWNLOAD EXAMIANS APP