Engineering Economics MCQs
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 244medium
All are classified under direct labor expenses EXCEPT one. Which one?
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Question 247medium
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?
Question 248hard
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:
Question 249hard
What is the type of annuity where the payments are made at the end of each period starting from the first period?
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Question 250hard
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?
Question 251hard
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?