Engineering Economics

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