Engineering Economics A construction estimate is used To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction All of these Homogeneous product Free market entry and exit Perfect information and absence of all economic friction All of these Homogeneous product Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,100.00 P 2,300.00 P 2,000.00 P 2,200.00 P 2,100.00 P 2,300.00 P 2,000.00 P 2,200.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Acid test ratio Turnover ratio Solvency ratio None of these Acid test ratio Turnover ratio Solvency ratio None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Good Product Supply Demand Good Product Supply Demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The consulting architect/engineer The owner of the facility All of these The contractor of the project The consulting architect/engineer The owner of the facility All of these The contractor of the project ANSWER DOWNLOAD EXAMIANS APP
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