Q2 (a) There are a variety of costs to be considered in an engineering economic analysis. These costs are differ in their frequency of occurrence, relative magnitude, and degree of impact on the study. Explain any FOUR (4) type of costs that associated with products or services in construction activities. OPEN-ENDED C2 rks)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 1E
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Q2
(a)
There are a variety of costs to be considered in an engineering economic analysis.
These costs are differ in their frequency of occurrence, relative magnitude, and
degree of impact on the study. Explain any FOUR (4) type of costs that associated
with products or services in construction activities. OPEN-ENDED C2
(8 marks)
Transcribed Image Text:Q2 (a) There are a variety of costs to be considered in an engineering economic analysis. These costs are differ in their frequency of occurrence, relative magnitude, and degree of impact on the study. Explain any FOUR (4) type of costs that associated with products or services in construction activities. OPEN-ENDED C2 (8 marks)
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