Engineering Economics
Across
- 1. _______ Asset is an example of lands, buildings, plant and machinery etc.
- 3. Scrap value is also called as __________
- 6. The additional cost incurred for the production of one more unit of a product or service is called ________ cost
- 9. The benefit that is not used because of using resources in one activity instead of using the same resource in another activity is better called as _____ cost
Down
- 2. Reduction or fall of value of an asset due to constant use and passage of time
- 3. _______ cost is not included in engineering economic analysis
- 4. ________ refers to the quantity of a product made available for sale
- 5. _________ refers to the amount of money paid for the use of borrowed capital
- 7. ________ refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied
- 8. ______ cost is least affected by economies of scale