When will an investment of P 4,000 double if the effective rate is 8% per annum? O a. 8.4 years O b. 10.2 years O C. 8.3 years d. 9 years

Q: What are the different types of recommendations applied to value engineering?

A: Value engineering refers to a method to improve the existing value of and product either by…

Q: benefits of Linguistic capital

A: First we have to know about linguistic capital iLinguistic capital has been used to the describe the…

Q: What is a non-profit technical society?

A: The process of maximization potential of various areas to support the mission and meeting report…

Q: Civil Engineering Law) I. Define the following: a) Contract b) Contract price c) Contractor

A: A civil engineering law is a legal framework and regulation that governs civil engineering projects…

Q: Why does it matter if something is structurally sound or serves a certain purpose?

A: Structure is sound and serving a certain purpose. In civil engineering various structures are built…

Q: listing four reasons why architecture should be considered a form of art.

A: Architecture : Architecture is the practise of building and designing structures having an artistic…

Engineering Economics Principles

Engineering economics (engineering economy) is a sub-field of economics to study the use and application of the economic principles in the engineering analysis of decisions along with the systematic evaluation of the advantages of project costs inclusive of engineering design and analysis. It emphasizes microeconomics (a subset of economics) for researching the behavior of people in the decision-making process of assigning and determining multiple alternatives to the usage of some of the restrained resources and merging economic theory and engineering practice in a practical manner. It depicts the logical framework of economics in addition to the analytical application of statistics and mathematics.