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 Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. First cost In-place value Fixed cost Material cost First cost In-place value Fixed cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Liquidity Leverage Insolvency Solvency Liquidity Leverage Insolvency Solvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______. Collateral trust bond Registered bond Mortgage bond Coupon bond Collateral trust bond Registered bond Mortgage bond Coupon bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these 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? Depreciation recovery Period recovery Asset recovery After-tax recovery Depreciation recovery Period recovery Asset recovery After-tax recovery ANSWER DOWNLOAD EXAMIANS APP
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