Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Time value of money Interest rate Yield Present worth factor Time value of money Interest rate Yield Present worth factor ANSWER DOWNLOAD EXAMIANS APP
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 demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.01 P39.82 P39.45 P39.99 P39.01 P39.82 P39.45 P39.99 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a - (n - 1) b a + (n + 1) b a + (n - 1) b a × (n - 1) b a - (n - 1) b a + (n + 1) b a + (n - 1) b a × (n - 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Necessity Utility Stock Commodity Necessity Utility Stock Commodity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Operating cost Increment cost Capitalized cost Annual cost Operating cost Increment cost Capitalized cost Annual cost ANSWER DOWNLOAD EXAMIANS APP
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