Engineering Economics The owner of the construction company makes use of the estimate: All of these To determine economic feasibility of the project To assist in financial arrangements To determine the capital investment costs All of these To determine economic feasibility of the project To assist in financial arrangements To determine the capital investment costs ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5050000 5000000 5025000 5010000 5050000 5000000 5025000 5010000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Fixed cost In-place value First cost Material cost Fixed cost In-place value First cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Ordinary monopoly Bilateral monopoly Perfect monopoly Natural monopoly Ordinary monopoly Bilateral monopoly Perfect monopoly Natural monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: None of these (1 + ni) ni (ni - 1) None of these (1 + ni) ni (ni - 1) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0812 0.0816 0.0824 0.0807 0.0812 0.0816 0.0824 0.0807 ANSWER DOWNLOAD EXAMIANS APP
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