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Engineering Economics

Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Oligopoly
Oligopsony
Monopoly
Duopsony

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Compound interest
Nominal rate of interest
Effective rate of interest
Simple interest

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Engineering Economics
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?

Rate of return
Yield
Return of investment
Economic return

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

Amortization
Annuity
Bond
Depreciation

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Engineering Economics
What refers to the present worth of cost associated with an asset for an infinite period of time?

Capitalized cost
Increment cost
Operating cost
Annual cost

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Engineering Economics
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.

Monthly
Annually
Bimonthly
Quarterly

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