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Engineering Economics
Engineering Economics
Engineering Economics
ENGINEERING ECONOMICS
Instructions to Candidates :—
(1) All questions carry marks as indicated against them.
(2) Due credit will be given for neatness.
(3) Assume suitable data wherever necessary.
1. Demonstrate the concept of Demand and Supply Curve using suitable examples. Also
explain the Equilibrium point. 10(CO1)
OR
2. (a) Can there be a change in demand for a good even if there is no change
in price ? Justify. 5(CO1)
(b) Can there be a change in supply of a good even if there is no change
in price ? Justify. 5(CO1)
3. Analyze the different methods to evaluate business and engineering projects. 10(CO2)
4. Examine the different types of Cost which are considered for better decision making.
10(CO3)
5. Write a Note on :—
(a) Break-even Analysis. 5(CO4)
(b) Inflation. 5(CO4)
6. Hafiz Ullah and Company purchased a factory machine of Rs. 180,000 on January 1,
2016. The machine is expected to have a salvage value of Rs. 20,000 at the end
of its 4 years useful life. During the useful life, the machine is expected to be used