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Engineering Economics

Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Depreciation
Amortization
Bond
Annuity

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

All of these
The anticipated resalable value (salvage value) and the interest return (rate of return)
The anticipated life of the assets
A purchase cost (first cost)

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Engineering Economics
Oligopoly exists when there is/are:

One seller and few buyers
Few sellers and few buyers
Many sellers and few buyers
Few sellers and many buyers

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Engineering Economics
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:

a - (n - 1) b
a × (n - 1) b
a + (n - 1) b
a + (n + 1) b

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Engineering Economics
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?

0.1207
0.1234
0.1287
0.1267

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

Turnover ratio
Acid test ratio
None of these
Solvency ratio

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