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Engineering Economic Analysis, Third Edition: Chapter 2

Instructions: For each question, click on the radio button beside your answer. When you have completed the entire quiz, click the “Submit my answers” button at the bottom of the page to receive your results.

Question 1:

a) Sales commission
b) Factory fire insurance
c) Salaries paid to design engineers
d) Heating and air conditioning for the plant

Question 2:

a) 40,000
b) 82,000
c) 65,000
d) 105,000

Question 3:

a) 92
b) 93.5
c) 94.5
d) 96

Question 4:

a) Average: $0; Marginal: $0
b) Average: $1; Marginal: $0
c) Average: $1; Marginal: $1
d) Average: $0; Marginal: $1

Question 5:

a) 0.06444 minutes
b) 0.64564 minutes
c) 1.23445 minutes
d) 1.54321 minutes