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uses mathematical formulas to account for the time value of money and balance current and future revenues and costs.
uses mathematical formulas to account for the time value of money and balance current and future revenues and costs.
• Engineering Economy
is the science that deals with the production, allocation and use of goods and services.
is the science that deals with the production, allocation and use of goods and services.
• Economics
is the study of the entire system of economics
is the study of the entire system of economics
o Macro-Economics
is the study of how the systems affect one business or parts of the economic
is the study of how the systems affect one business or parts of the economic
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are products or services that are required to support human and activities that will be
are products or services that are required to support human and activities that will be
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are products or services that are desired by humans and will be purchased if money is available
are products or services that are desired by humans and will be purchased if money is available
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is defined as anything that anyone wants or needs.
is defined as anything that anyone wants or needs.
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would be the performance of any duties or work for another, helpful or professional activity.
would be the performance of any duties or work for another, helpful or professional activity.
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refers to the distribution of goods and services.
refers to the distribution of goods and services.
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• – refers to the advertising, and other efforts to promote a products sale.
• – refers to the advertising, and other efforts to promote a products sale.
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