Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Producer products Necessity Consumer products Luxury Producer products Necessity Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Withheld stock Stock pile Buffer stock Hoard stock Withheld stock Stock pile Buffer stock Hoard stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Present work Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed Present work Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Supplemental cost Fixed cost Incremental cost Variable cost Supplemental cost Fixed cost Incremental cost Variable cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Services Goods or commodities Goods Commodities Services Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Earning value Economic return Capital recovery Cash flow Earning value Economic return Capital recovery Cash flow ANSWER DOWNLOAD EXAMIANS APP
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