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Engineering Economics

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

Producer products
Luxury
Consumer products
Necessity

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Engineering Economics
What type of bond is issued jointly by two or more corporations?

Tie-up bond
Joint bond
Mortgage bond
Trust bond

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Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.115
0.1175
0.1195
0.1232

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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 demand
Law of supply
Law of diminishing return
Law of supply and demand

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Deferred annuity
Ordinary annuity
Annuity due
Perpetuity

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

None of these
(1 + ni)
(ni - 1)
ni

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