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 ?

Related Mcqs:

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?

A. Return of investment B. Interest rate C. Yield D. Rate of return...

What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?

A. Perfect competition B. Oligopoly C. Oligopsony D. Monopoly...

How long will it take money to double itself if invested at 5% compounded annually ?

A. 13.7 years B. 14.7 years C. 14.2 years D. 15.3 years...

What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ?

A. Book value B. Market value C. Fair value D. Franchise value...

Capitalized cost of any structure or property is computed by which formula ?

A. First cost + interest of first cost B. Annual cost – interest of first cost C. First cost + cost of perpetual maintenance D. First cost + salvage value...