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Crossword Puzzle
Crossword Puzzle

Intro to Engineering Economics & Cost Estimation

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Intro to Engineering Economics & Cost Estimation

Crossword Puzzle

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Intro terms and cost types

Created by

Jayshree Muley
Jayshree Muley
India

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Intro to Engineering Economics & Cost Estimation
 

Crossword Puzzle

Intro to Engineering Economics & Cost EstimationOnline version

Intro terms and cost types

by Jayshree Muley
1

Products or items that satisfy human wants in an economy.

2

Activities or deeds provided for customers rather than tangible items.

3

Things required to sustain life or meet goals.

4

The satisfaction or usefulness derived from a good or service.

5

The quantity consumers are willing to buy at a given price.

6

The quantity producers are willing to offer at a given price.

7

A system or place where goods and services are bought and sold.

8

Costs that do not change with the level of production.

9

Costs that change with the level of production.

10

Costs that can be directly traced to a product.

11

Costs that cannot be traced to a single product.

12

The value of the best foregone alternative.

13

Costs that are not recoverable once incurred.

14

The sum of all costs associated with production.

15

Total cost divided by the number of units produced.

16

The additional cost of producing one more unit.

17

A monetary valuation of resources used for producing goods or services.

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