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Homework answers / question archive / 1) A good understanding of engineering economics for engineers is extremely important because of a) Engineering Answers must be safe b) Engineering Answers must be technically sound c) Engineering Answers must be economically attractive d) Engineering Answers must be implementable 2

1) A good understanding of engineering economics for engineers is extremely important because of a) Engineering Answers must be safe b) Engineering Answers must be technically sound c) Engineering Answers must be economically attractive d) Engineering Answers must be implementable 2

Economics

1) A good understanding of engineering economics for engineers is extremely important because of

a) Engineering Answers must be safe
b) Engineering Answers must be technically sound
c) Engineering Answers must be economically attractive
d) Engineering Answers must be implementable

2. An example for variable cost in a typical manufacturing plant is:

a) Equipment cost
b) Property taxes
c) Building cost
d) Labor cost

3. Decision making in engineering economy always involves choosing the

a) alternative with the longest life
b) alternative with the shortest life
c) alternative with the largest annual benefit
d) alternative that is the most cost-effective

Option 1

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