Engineering Economics Which one of the following is not a construction estimate? Conceptual preliminary budget Initial feasibility estimate Definite estimate None of these Conceptual preliminary budget Initial feasibility estimate Definite estimate None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5025000 5010000 5050000 5000000 5025000 5010000 5050000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0392 0.0398 0.0395 0.039 0.0392 0.0398 0.0395 0.039 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per function method Base unit method All of these Cost per square metre Cost per function method Base unit method All of these Cost per square metre ANSWER DOWNLOAD EXAMIANS APP