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Engineering Economics

Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Product
Supply
Demand
Good

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

Liquidity ratio
Acid-Test (or Quick) ratio
Debts ratio
Current ratio

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Engineering Economics
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?

Horizon cost
Ghost cost
Null cost
Opportunity cost

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Duopsony
Oligopsony
Monopoly
Oligopoly

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Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

0.3012
0.2917
0.3078
0.2833

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Engineering Economics
Annuities involve:

All payments of equal amount
All of these
Payment at equal time intervals
A series of payments

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