5 Questions
What is the study or science of the production, distribution, and consumption of goods and services?
Economics
Which term refers to the cost or profit situation regarding a practical enterprise or project?
Economy
What discipline is concerned with econom?
Engineering Economics
Which area of study focuses on the practical enterprise or project's cost or profit situation?
Economy Studies
What is the study of the production, distribution, and consumption of goods and services in the aviation industry?
Engineering Economics
Study Notes
Economics
- Economics is the study of the production, distribution, and consumption of goods and services.
Business Terminology
- A practical enterprise or project's cost or profit situation is referred to as its economics.
Aviation Industry
- In the aviation industry, the study of production, distribution, and consumption of goods and services is also referred to as economics.
Test your knowledge of engineering economics, management principles, and laws and ethics relevant to the aeronautical engineering field. This comprehensive review covers topics such as aviation industry economics, professional regulations, and the code of ethics for aeronautical engineers. Ideal for those preparing for the 1AERO review.
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