Engineering Economics What is the change in cost per unit variable change called? Incremental cost Fixed cost Variable cost Supplemental cost Incremental cost Fixed cost Variable cost Supplemental cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct labour All of these Over head Direct material Direct labour All of these Over head Direct material ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Services Goods Commodities Goods or commodities Services Goods Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio Turnover ratio None of these Acid test ratio Solvency ratio Turnover ratio None of these Acid test ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
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