If the Cobb-Douglas function is of the form X=2L2K, then what is MPL at L=10 and K=20? A. C. Liquid assets B. A. (d) Applied Economics, 18. (a) ADB C. The partners personal assets are attached to the debt of the partnership Net income to owner’s equity Monthly Partnership How long will it take money to double itself if invested at 5% compounded annually? Sinking fund method (a) invariably more than Capital gain The ability to convert assets to cash quickly is known as ______. Current assets to current liabilities What is the type of annuity where the payments are made at the end of each period starting from the first period? Salvage value is sometimes known as ______. In year zero, you invest P 10,000.00 in a 15% security for 5 years. A. 16. What refers to the goods and services that are required to support human life, needs and activities? 134. 125. There will be 400 soldered connections. Double percentage method A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? 8. B. T-bill Rule of 48 Liquidity 10 months D. P 143,999.08. The Papers are for all Provinces: Limpopo, Gauteng, Western Cape, Kwazulu Natal (KZN), North West, Mpumalanga, Free State, and Western Cape. A. 13.32 % Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject. 193. What is the agency responsible for publishing National income in India? How much is in the account at the end of the 4th year? (a) Article 110 B. C. P 714.71 89. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? (a) Marginal efficiency of capital B. What are the two classifications of goods and services? Few sellers and few buyers (c) M3 Investment curve is downward sloping because of decrease in B. P 3,927.27 Explore the latest questions and answers in Engineering Economy, and find Engineering Economy experts. C. Equity The payments are made at equal interval of time. What is defined as the current assets minus inventories and prepaid expenses? Bookkeeping system B. D. Its capitalization must be equal for each partner. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. C. Economy (a) National Sample Survey (c) Statutory liquidity ratio (c) Fine & fees Determine the length of cable run in feet so that the cost of each installation would be the same. A. Questions and Answers. D. Organization. A farmer selling eggs at 50 pesos a dozen gains 20%. (c) Joan Robinson C. Oligopoly Bimonthly What is the effective rate of money? 177. [GET] Engineering Economics Exam Questions Pdf. D. Quick ratio, Your email address will not be published. A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. C. Yield Assume i= 6% annually. A. (b) GDP exceeds GNP 4. A. D. Discrete method and depletion allowance method. A. P 1,290.34 Find the nominal interest. 72. If the citizens of a country are earning more from abroad than foreigners are earning in that country then (b) the law of constant costs Monetary unit B. A. 160. Oligopoly 16.02 % This Book have some digitalformats such us : kindle, D. Principal. C. First cost B. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Using factor method, the depletion at any given year is equal to: A. (a) National Income A. The financial health of the company is measured in terms of: A. Which of these gives the lowest effective rate of interest? Investment in subsidiary companies Present worth factor B. A. Liability = assets + owners’ equity (a) 4000 star. D. Corporation. English / Japanese. Inspection cost At the moment, Pinoybix has become one of the most trusted engineering review sites helping thousands of aspiring engineers achieve their goals. (iv) To act as a bank to the public To raise productivity in agriculture it is necessary that (b) According to weight C. Consumer and producer Fund which has to be invested in government bonds is called D. Depletion. due to the gradual extraction of its contents? B. Engineering Economics Questions and Answers Papers are available here to download. D. In-place value. Economic life Status company Practice Test: Question Set - 10 1. (b) Article 111 In computing depreciation of an equipment, which of the following represents the first cost? 42. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. C. Factor method A. What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? D. Annuity due. Aspirants can get Engineering Economics Previous Year Question Paper and Model Papers from our website. A. D. Annuity. 123. When inflation goes out of control and the rate of inflation is more than 100 %, what is it called? In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? B. The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. B. Mr. Bacani borrowed money from the bank. Example 1.0 Start of Technocrats of Texas 4 1.2 Seven Principles of Engineering Economy 4 1.3 Summary 5 1.4 References 6 1.5 Exercises 6 CHAPTER 2.0 9 Fixed and Variable Costs 2.1 One Time and Recurring Costs 9 Investors A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? A. The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. 1.0 hour per unit Overview of Engineering Economy 1.1 What is Engineering, What is Economy and 1 What is Engineering Economy ? (c) 1200 (c) Kinked Isoquant 53. D. Revenue credit. B. 133. Multiple Choice Questions with Answers on Refrigeration and Air-Conditioning - Set 07 . Cash In Preparation for the ECE Board Exam make sure to expose yourself and familiarize in each and every questions compiled here taken from various sources including but not limited to past Board Questions in General Engineering and Applied Sciences (GEAS) field, books, journals and other General Engineering and Applied Sciences references. 56. B. Call value What is the reduction in the money value of capital asset is called? Principles of Engineering Economic Analysis and the Time Value of Money. 106. Oligopoly b) The NPV of a project is the sum of all the discounted cash flows associated with a project. A. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. D. Project cost. A. B. C. Rate of return 2. 55. A. (d) Concave Isoquant, 2. A. P 727.17 C. Compound interest Introducing the Theory of the Firm. What does he have to pay at the end of the fifth year in order to pay off his loan? D. Buyer or consumer. (c) Duopoly B. (c) lower his price to half Partnership 173. C. Annuity due C. Commodity D. 13 months. B. A. A. Start typing your question Close. D. Par value. D. General journal system. 100. (b) Monopolistic Competition B. Applied Mechanics and Graphic Statics. All previous year question papers published on our blog / Website is collected form candidate’s memory. D. 15.3 years. C. Stock 57. B. B. A. (d) all of these, 29. C. P 2,200.00 (c) GDP becomes equal to GNP Demand factor Coupon If C = 500 + 0.8Y, then what is the national income at I = 500? A. P 150.56 B. 109. Tax credit Electrical Engineering Objective Questions MCQ with Answer Free Pdf Download. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. C. Capital recovery D. Modified SYD method. Find the annual payments. A. Fixed percentage of gross income or the net taxable income 11 months Enhanced structural adjustment facility is provided by C. Going concern value D. Economic return. C. Incorporator stock 2019 April Exam. Engineering Economics Exam Questions Pdf Free download in PDF Engineering Economics Multiple Choice Questions and Answers for competitive exams. Currency appreciation Elasticity of Demand and Supply. (b) 800 C. P 4,860.00 12. C. Forced saving A. A. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? Load factor C. Life cost $ 5,000,000.00 C. Producer Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. 21 % B. D. Supervision cost. A. C. Capital gain certificate By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. D. 10 years, 44. D. Overhead cost. A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What type of bond is issued jointly by two or more corporations? A. 31. B. C. Return of investment ratio (b) Preparation of new budget every time First cost + interest of first cost (c) Stagflation 16.28 % A. Return of investment 2 • A. J. Clark School of Engineering • Department of Civil and E nvironmental Engineering ENCE 202 Eng . (d) none of these, 34. 67 pages. A. P 9,358.41 B. C. 12 months B. 168. A. Homogeneous product Initial cost of property times number of unit sold during the year divided by the total units in property Discount 197. Net credit sales to average net receivable Airport Engineering. C. Foreign exchange (d) 1.75, 4. Jump to: navigation, search. Questions and Answers. Capitalized cost of any structure or property is computed by which formula? Market price per share to earnings per share (c) According to size How much in terms of year zero pesos will be in the account at maturity? A. Duopoly is a market situation where there is/are: 70. What is an index of short-term paying ability? (a) i and ii The difference between GNPFC and GDPFC is equal to PART 2: MCQs from Number 51 – 100 Answer key: PART II. Net income 90. Solow’s model of long run growth is an improvement over that of Fixed assets B. A. Atomistic competition (iii) To act as a bank to the government 148. A manufacturing firm maintains one product assembly line to produce signal generators. If price is Rs.10 and supply is 20 and if price increases by Rs.2 as a result of which supply increases by 5, then elasticity of supply is C. Depreciation By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? The process of determining the value or worth of a physical property for specific reason is called ______. C. Assets (d) No curtailment in unproductive expenditure, 42. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 174. D. Demand depreciation. What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects? Consumer products D. Second-hand value. (a) Reflation C. Law of demand Return clause 5,873.20 189. C. Relative risk 24. A. Infinite cost B. 116. D. Net income to owner’s equity. B. It is bought on June 21, 2001 to yield 4% interest. 21. Engineering Economics Questions And Solutions Questions and Answers in Engineering Economics Series (Last Updated On: September 10, 2019) This is the complete list of Multiples Choice Questions Series in Engineering Economics as one of the General Engineering and Applied Sciences (GEAS) topic. Anna University Regulation 2013 Mech MG6863 EE Important Questions for all 5 units and MECH 8th SEM MG6863 ENGINEERING ECONOMICS Answer Key is listed down for students to make perfect utilization and score maximum marks with our study materials. Raw and finished C. Acid test ratio C. Physical depreciation (b) FERA What is the ordinary interest on P1,500.50 for 182 days at 5.2%? C. Mortgage bond This is the complete list of Multiples Choice Questions Series in Engineering Economics as one of the General Engineering and Applied Sciences (GEAS) topic. (d) backward sloping demand, 9. C. Modified sinking fund method (a) equilibrium C. 1,100 feet 110. Profit D. Deferred annuity. (d) 1, 2 and 3, 12. B. (a) Programme budgeting The basis of determining dearness allowance (DA) to employees in India is 11.75 % 2009/2010 86% (44) Sample/practice exam 2010, questions and answers - Engineering Economics . Gross margin is the ratio of the gross profit to ______. Capital loss C. P 236.20 78. What is the term for an annuity with a fixed time span? Uniform gradient future worth Analysis of government decision on welfare aspect is Under ordinary simple interest, how many days in one year? Want to see the step-by-step answer? 105. B. 176. (c) Above the age of 70 Firms where there is co-existence of large number of buyers and sellers alongside differentiate products is called 128. 73% (11) Pages: 544 year: 2014/2015. D. Equipment trust bond. D. Receivable turnover. Solution Manual of "Engineering Economics by R.Panneerselvam" needed? Free download in PDF Engineering Economics Multiple Choice Questions with Answers for competitive exams. A. In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Annual cost method 12.00 % D. P 3,792.72. (b) to give marginal utility by holding money The negotiable claim issued by business or corporation and by the total in! C. return of investment dozen gains 20 % and depreciation to be paid 3! ( 44 ) Pages: 67 year: 2014/2015 afternoon Exam Economy in the demand for ice cans manufactured! 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