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 Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Annual cost method Rate of return method EUAC Benefit-cost ratio Annual cost method Rate of return method EUAC Benefit-cost ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. First cost In-place value Fixed cost Material cost First cost In-place value Fixed cost Material cost ANSWER DOWNLOAD EXAMIANS APP
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? P54.66 P 62.44 P44.55 P37.56 P54.66 P 62.44 P44.55 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Partnership Investors Stockholders Corporation Partnership Investors Stockholders Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Par value Equity Dividend Return Par value Equity Dividend Return ANSWER DOWNLOAD EXAMIANS APP
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