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Engineering Economics MCQs

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Practice free Engineering Economics multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 302 questions — no login required.

Question 1hard
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
Question 2hard
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.
Question 3hard
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.
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Question 4medium
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:
Question 5medium
What is the reduction in the money value of capital asset is called?
Question 6medium
What is the increase in the money value of a capital asset is called?
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Question 7easy
A construction estimate is used
Question 8hard
If P is principal amount, $$I$$ is the rate of interest per annum and n is the number of periods in years, the compound amount factor (CAF) is:
Question 9hard
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: