Engineering Economics - Study Mode

[#86] What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
Correct Answer

(C) Commodity

[#87] Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
Correct Answer

(D) All of these

[#88] Pick up the main purpose of project cost control from the following:
Correct Answer

(D) All of these

[#89] Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?
Correct Answer

(D) Cost per linear metre method

[#90] If there are many sellers and few buyers, the market situation is _________ .
Correct Answer

(C) Oligopsony