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Engineering Economics

Engineering Economics
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?

P39.01
P39.99
P39.82
P39.45

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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
Natural monopoly
Bilateral monopoly
Perfect monopoly

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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:

(ni - 1)
None of these
(1 + ni)
ni

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

A purchase cost (first cost)
The anticipated life of the assets
All of these
The anticipated resalable value (salvage value) and the interest return (rate of return)

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Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Bilateral monopsony
Monopoly
Monopsony
Bilateral monopoly

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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.

$ 5,025,000.00
$ 5,050,000.00
$ 5,010,000.00
$ 5,000,000.00

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