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 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 Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Valuation Economy Investment Depletion Valuation Economy Investment Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A project construction cost estimate includes: The equipment and over head cost All of these The labour and material cost The profit of the contractor The equipment and over head cost All of these The labour and material cost The profit of the contractor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year? P 4,820.00 P 4,880.00 P 4,840.00 P 4,860.00 P 4,820.00 P 4,880.00 P 4,840.00 P 4,860.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Earning value Capital recovery Economic return Cash flow Earning value Capital recovery Economic return Cash flow ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS