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 The ability to meet debts as they become due is known as ______. Insolvency Liquidity Solvency Leverage Insolvency Liquidity Solvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is not a construction estimate? Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2890 2.59 2712 2632 2890 2.59 2712 2632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency depreciation Currency float Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A uniform series of payment occurring at equal interval of time is called ______. Depreciation Amortization Annuity Bond Depreciation Amortization Annuity Bond ANSWER DOWNLOAD EXAMIANS APP