Engineering economics important mcqs

Course: Engineering Economics MCQS โ€” Practice MCQs, solutions, formulas & past entrance questions.

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Engineering-economics-important-mcqs (Click to view content)

1. โ€œUnder conditions of perfect competition, price at which any given product will be supplied and purchased is price that will result in supply and demand being equal.โ€ This statement is known as :


2. If โ€˜Sโ€™ is future capital accumulated in โ€˜nโ€™ years at rate of interest โ€˜iโ€™ per annum, n present worth is:


3. What type of bond where corporationโ€™s owner name are recorded and interest is paid periodically to owners with ir asking for it?


4. What is defines as analysis and evaluation of monetary consequences by using ories and principles of economics to engineering applications, designs and projects?


5. Pick up correct method adopted for developing approximate or conceptual estimates from following:


6. Pick up correct statement from following:


7. Miss Evilla borrowed money from a bank. She receives from bank P1,340.00 and promised to pay P1,500.00 at end of 9 months. Determine corresponding discount rate or often referred to as โ€œbankerโ€™s discountโ€.


8. What refers to claim of anyone to ownership?


9. What type of bond which can be redeemed before maturity date?


10. What is factor name of formula $$\left[ {\frac{{{\text{i}}{{\left( {1 + {\text{i}}} \right)}^{\text{n}}}}}{{{{\left( {1 + {\text{i}}} \right)}^{\text{n}}} - 1}}} \right]?$$


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