Civil Engineering - Engineering Economy - Discussion

Discussion Forum : Engineering Economy - Section 2 (Q.No. 17)

Engineering Economy

17.

Pick up the correct statement from the following:

Engineering economy is a collection of mathematical techniques which simplify economic comparisons

Engineering economy is a decision assistance tool by which one method will be chosen as the most economically one.

For understanding the engineering economy, one should be able to classify the basic terminology and fundamental concepts of economy.

All of these.

Answer: Option

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