Engineering Economics Which one of the following questions is relevant to the construction estimates? 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 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.90 % compounded annually 12.20 % compounded annually 11.60 % compounded annually 12.35 % compounded annually 11.90 % compounded annually 12.20 % compounded annually 11.60 % compounded annually 12.35 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral oligopoly Bilateral Oligopsony Oligopsony Oligopoly Bilateral oligopoly Bilateral Oligopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per square metre method Base unit method Cost per function method Cost per linear metre method Cost per square metre method Base unit method Cost per function method Cost per linear metre method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20 P 212.90 P 231.56 P 222.67 P 236.20 P 212.90 P 231.56 P 222.67 ANSWER DOWNLOAD EXAMIANS APP
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