Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Inflation Depletion Depreciation Deflation Inflation Depletion Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The wages of supervisors and material handlers are charged as: Indirect labour cost Over head Direct labour cost None of these Indirect labour cost Over head Direct labour cost None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Ordinary simple interest Exact simple interest None of these Interest Ordinary simple interest Exact simple interest None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Perfect competition Oligopoly Oligopsony Monopoly Perfect competition Oligopoly Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is not a construction estimate? None of these Conceptual preliminary budget Definite estimate Initial feasibility estimate None of these Conceptual preliminary budget Definite estimate Initial feasibility estimate ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS