Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A uniform series of payment occurring at equal interval of time is called ______. Depreciation Annuity Amortization Bond Depreciation Annuity Amortization Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Market value Fair value Good will value Book value Market value Fair value Good will value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these To decide an approximation of the value of the project and not the exact cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? All of these Turnover ratio Profitability ratio Liquidity ratio All of these Turnover ratio Profitability ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Manufacturer Seller Producer Buyer or consumer Manufacturer Seller Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP