Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Product Demand Good Supply Product Demand Good Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: All of these The consulting architect/engineer The contractor of the project The owner of the facility All of these The consulting architect/engineer The contractor of the project The owner of the facility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Yield Gain Earning value Economic return Yield Gain Earning value Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + interest of first cost First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + interest of first cost 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 0.0816 0.0807 0.0812 0.0824 0.0816 0.0807 0.0812 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the first payment does not begin until some later date in the cash flow? Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP