Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Book value Franchise value Market value Fair value Book value Franchise value Market value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit 1.4 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: All of these The anticipated life of the assets A purchase cost (first cost) The anticipated resalable value (salvage value) and the interest return (rate of return) All of these The anticipated life of the assets A purchase cost (first cost) The anticipated resalable value (salvage value) and the interest return (rate of return) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The product of CAF (S P) and PWF (S P) is: 43833 43832 1 43834 43833 43832 1 43834 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest. 0.1232 0.1189 0.1208 0.12 0.1232 0.1189 0.1208 0.12 ANSWER DOWNLOAD EXAMIANS APP
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