Engineering Economics Which one of the following is not a construction estimate? Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Enterprise Corporation Sole proprietorship Partnership Enterprise Corporation Sole proprietorship Partnership ANSWER DOWNLOAD EXAMIANS APP
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 demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral Oligopsony Bilateral oligopoly Oligopsony Oligopoly Bilateral Oligopsony Bilateral oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. In-place value Annuity Sunk cost Economic life In-place value Annuity Sunk cost Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Time value of money Yield Interest rate Present worth factor Time value of money Yield Interest rate Present worth factor ANSWER DOWNLOAD EXAMIANS APP
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