Engineering Economics Which is true about partnership? It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Demand Supply Good Product Demand Supply Good Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators precisely evaluate site conditions Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators precisely evaluate site conditions ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1931 0.1961 0.1944 0.1972 0.1931 0.1961 0.1944 0.1972 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a + (n + 1) b a × (n - 1) b a - (n - 1) b a + (n - 1) b a + (n + 1) b a × (n - 1) b a - (n - 1) b a + (n - 1) b ANSWER DOWNLOAD EXAMIANS APP