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Engineering Economics

Engineering Economics
What type of bond which can be redeemed before maturity date?

Callable bond
Preferred bond
Incorporators bond
Registered bond

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Commodities
Services
Goods or commodities
Goods

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,500.57
P 2,504.57
P 2,544.45
P 2,540.56

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Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0807
0.0824
0.0812
0.0816

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Engineering Economics
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:

Law of supply
Law of demand
Law of supply and demand
Law of diminishing return

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Engineering Economics
The project contractor relies on the cost of the estimate:

For submission of a competitive bid for a lump-sum contract
All of these
For preparation of a definitive estimate to help negotiate contract
For a unit price contract

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