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Engineering Economics MCQ Questions & Answers | Civil Engineering

Learn Engineering Economics MCQ questions & answers are available for a Civil Engineering students to clear GATE exams, various technical interview, competitive examination, and another entrance exam. Engineering Economics MCQ question is the important chapter for a Civil Engineering and GATE students. Page-2 section-1

Each section contains 100 MCQs on Engineering Economics .
11
Ratio analysis of a construction firm is used for analysis by:
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Answer & Solution
Answer: Option D
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12
A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent?
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Answer & Solution
Answer: Option B
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13
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?
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Answer & Solution
Answer: Option D
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14
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:
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Answer & Solution
Answer: Option A
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15
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:
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Answer & Solution
Answer: Option D
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16
The common ratio is the ratio of:
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Answer & Solution
Answer: Option B
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17
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 ______.
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Answer & Solution
Answer: Option C
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18
The declining balance method is also known as ______.
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Answer & Solution
Answer: Option B
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19
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.
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Answer & Solution
Answer: Option C
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20
Capitalized cost of a project is also known as ______.
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Answer & Solution
Answer: Option B
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