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Civil Engineering :: Engineering Economics

  1. What is the opposite of perfect competition?

  2. A.

     Monopsony

    B.

     Oligopoly

    C.

     Oligopsony

    D.

     Monopoly


  3. What is the factor name of the formula (1+i)^-n?

  4. A.

     Uniform gradient future worth

    B.

     Capital recovery

    C.

     Single payment present worth

    D.

     Single payment compound amount


  5. What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund?

  6. A.

     T-bills

    B.

     Securities

    C.

     Bond

    D.

     Bank notes


  7. 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?

  8. A.

     Economic Analysis

    B.

     Engineering cost analysis

    C.

     Engineering economy

    D.

     Design cost analysis


  9. What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

  10. A.

     Monopsony

    B.

     Monopoly

    C.

     Oligopoly

    D.

     Oligopsony


  11. The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

  12. A.

     Rs. 5638

    B.

     Rs. 6638

    C.

     Rs. 7738

    D.

     None of these


  13. Oligopoly exists when there is/are:

  14. A.

     Few sellers and few buyers

    B.

     Few sellers and many buyers

    C.

     Many sellers and few buyers

    D.

     One seller and few buyers


  15. Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

  16. A.

     Fixed percentage of gross income or the net taxable income

    B.

     Fixed percentage of gross income or 50% of the net taxable income

    C.

     50% of the fixed percentage of gross income or 50% of the net taxable income

    D.

     50% of the fixed percentage of gross income or the net taxable income


  17. What is used to record historical financial transactions?

  18. A.

     Bookkeeping system

    B.

     Ledger system

    C.

     Balance check

    D.

     General journal system


  19. A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

  20. A.

     P 2,000.00

    B.

     P 2,100.00

    C.

     P 2,200.00

    D.

     P 2,300.00