Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Product Good Demand Supply Product Good Demand Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5010000 5025000 5000000 5050000 5010000 5025000 5000000 5050000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0824 0.0812 0.0816 0.0807 0.0824 0.0812 0.0816 0.0807 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1043 1053 1037 1033 1043 1053 1037 1033 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per function method Base unit method All of these Cost per square metre Cost per function method Base unit method All of these Cost per square metre ANSWER DOWNLOAD EXAMIANS APP
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