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 Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is not a construction estimate? Initial feasibility estimate Conceptual preliminary budget Definite estimate None of these Initial feasibility estimate Conceptual preliminary budget Definite estimate None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Ordinary annuity Deferred annuity Annuity due Perpetuity Ordinary annuity Deferred annuity Annuity due Perpetuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0914 0.0931 0.0941 0.0901 0.0914 0.0931 0.0941 0.0901 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
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