1. The following are economic criteria to evaluate anengineering project, except one. Which one?
Select One:
a) Maximum Profit
b) Minimum Profit
c) Maximum Rate of return
d) Minimum Pollution
e) Minimum Payback period
2. Engineers often use a common method used to resolveuncertainty, which is:
Select one:
a. risk analysis.
b. cash-flow analysis.
c. sensitivity analysis.
d. economic impact analysis.
e. marginal analysis.
3. If offered $100 today or $150 one year from now, you arebeing asked to:
Select one:
a. make a guess.
b. make a choice under uncertainty.
c. reveal your implied interest rate.
d. compare two values which are not comparable in principle.
e. reveal your private financial information.
