4. A stopwatch used for Time and Motion Study has a selling price of P1,500. If its selling price is expected to decline at a rate of 10% per year due to obsolescence, what will be its selling price after 3 years? SV;=P1,093.5

4. A stopwatch used for Time and Motion Study has a selling price of P1,500. If its selling price is expected to decline at a rate of 10% per year due to obsolescence, what will be its selling price after 3 years? SV;=P1,093.5

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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SUBJECT: ENGINEERING ECONOMICS

PLEASE PROVIDE A COMPLETE SOLUTION TO THIS QUESTION. THE FINAL ANSWER IS ALREADY GIVEN. THANK YOU

4. A stopwatch used for Time and Motion Study has a selling price of P1,500. If its selling price is expected to decline at a
rate of 10% per year due to obsolescence, what will be its selling price after 3 years? SV;=P1,093.5

Application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

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