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Engineering Economics

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

Bilateral monopsony
Monopsony
Bilateral monopoly
Monopoly

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Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Capital recovery
Cash flow
Economic return
Earning value

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Engineering Economics
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

(1 + i/n)m
(1 + i/m)1/n
(1 + i/m)n
(1 + i/n)1/m

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Engineering Economics
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

Producer products
Consumer products
Necessity
Luxury

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Engineering Economics
What is used to record historical financial transactions?

Bookkeeping system
Ledger system
General journal system
Balance check

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Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P 62.44
P44.55
P37.56
P54.66

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