Engineering Economics Which one of the following questions is relevant to the construction estimates? All of these Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions All of these Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Good Demand Product Supply Good Demand Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Perfect competition Oligopsony Oligopoly Monopoly Perfect competition Oligopsony Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P702.15 P700.12 P693.12 P705.42 P702.15 P700.12 P693.12 P705.42 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Market price per share to earnings per share Cost of goods sold to average cost of inventory at hand Net credit sales to average net receivable Net income to owner’s equity Market price per share to earnings per share Cost of goods sold to average cost of inventory at hand Net credit sales to average net receivable Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
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