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Engineering Economics

Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.0398
0.0395
0.0392
0.039

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

None of these
Interest
Ordinary simple interest
Exact simple interest

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Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.4 hours per unit
1.6 hours per unit
1.2 hours per unit
1.0 hour per unit

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Producer
Buyer or consumer
Manufacturer
Seller

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Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Monopsony
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
A project construction cost estimate includes:

All of these
The profit of the contractor
The equipment and over head cost
The labour and material cost

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