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Engineering Economics

Engineering Economics
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

P 153.89
P 150.56
P 152.88
P 151.09

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Engineering Economics
Which of the following is an example of intangible asset?

Investment in subsidiary companies
Furnitures
Patents
Cash

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Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Hoard stock
Withheld stock
Buffer stock
Stock pile

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Engineering Economics
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:

Law of supply
Law of demand
Law of diminishing return
Law of supply and demand

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Cost per linear metre method
Cost per function method
Base unit method
Cost per square metre method

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Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Oligopsony
Monopoly
Oligopoly
Perfect competition

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