Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator All of these To promote cost consciousness To signal immediate warning of uneconomic operations To provide a feed back to the estimator All of these To promote cost consciousness To signal immediate warning of uneconomic operations ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset? Period recovery After-tax recovery Depreciation recovery Asset recovery Period recovery After-tax recovery Depreciation recovery Asset recovery ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Sinking fund annuity Compound annuity Present Worth Annuity Capital recovery annuity Sinking fund annuity Compound annuity Present Worth Annuity Capital recovery annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 231.56 P 212.90 P 236.20 P 222.67 P 231.56 P 212.90 P 236.20 P 222.67 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond is issued jointly by two or more corporations? Joint bond Mortgage bond Tie-up bond Trust bond Joint bond Mortgage bond Tie-up bond Trust bond ANSWER DOWNLOAD EXAMIANS APP
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