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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
Demand
Supply
Good

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Cost per linear metre method
Cost per square metre method
Base unit method
Cost per function method

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Engineering Economics
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?

0.1287
0.1234
0.1207
0.1267

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Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Currency
Cash or check
Foreign exchange
Monetary unit

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Engineering Economics
Gross margin is the ratio of the gross profit to ______.

Owner’s equity
Inventory turnover
Net sale
Quick assets

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Engineering Economics
The functional depreciation is sometimes called ______.

Demand depreciation
Adolescence
Failure depreciation
Life depreciation

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