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Engineering Economics

Engineering Economics
Which of the following is an example of intangible asset?

Furnitures
Cash
Patents
Investment in subsidiary companies

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

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

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

ni
(1 + ni)
None of these
(ni - 1)

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Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Perpetuity
Ordinary annuity
Annuity due
Deferred annuity

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.04
0.0367
0.0425
0.0415

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Engineering Economics
What is another term for “perfect competition”?

No-limit competition
Heterogeneous market
Free-for-all competition
Atomistic competition

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