Exam (elaborations)
Engineering Economics Prelim questions fully solved & updated(passed)
- Course
- Institution
Engineering Economics Prelim questions fully solved & updated(passed)
[Show more]
Content preview
Engineering Economics Prelimquestions fully solved &
updated(passed)
Engineering - answer a profession in which the knowledge gained
from physics, chemistry, life sciences, and mathematics is applied to
make products that increase the prosperity of man.
Economics - answer deals with production, distribution, and
consumption of goods and services.
Economic Activity - answer systematic endeavor to satisfy a
material need.
Engineering Economics - answer discipline concerned with the
economic aspects of engineering; involves the systematic
evaluation of costs and benefits of a proposed technical project.
Production - answer an economic activity which is the creation of
utility or value in goods or services
Land - answer A factor of production which is available to
humankind as a free gift of nature
Labor - answer factor of production which is the physical and mental
effort of humans in the process of production
Capital - answer factor of production that is man-made material and
is a source of production; part of the production which is used for
further production
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GUARANTEEDSUCCESS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now