Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S (1 + i)1/n None of these S/(1 + i)n S (1 + i)n S (1 + i)1/n None of these S/(1 + i)n S (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Producer products Consumer products Luxury Necessity Producer products Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the method used for project evaluation and selection in capital budgeting from the following: Payback period All listed here Internal ratio of return Net present worth Payback period All listed here Internal ratio of return Net present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
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