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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?

Demand
Product
Supply
Good

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Engineering Economics
Pick up the main purpose of project cost control from the following:

To promote cost consciousness
To provide a feed back to the estimator
To signal immediate warning of uneconomic operations
All of these

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Engineering Economics
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

P 151.09
P 150.56
P 153.89
P 152.88

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Engineering Economics
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.

Perfect monopoly
Bilateral monopoly
Natural monopoly
Ordinary monopoly

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Engineering Economics
What is another term for “current assets”?

Fixed assets
Liquid assets
Ccash
Non-liquid assets

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Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Company value
Goodwill value
Going value
Franchise value

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MORE MCQ ON Engineering Economics

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