1. Engineering Economics is the application of economic principles to the evaluation of engineering design and the selection of technical alternatives. (a) Starting a new business requires many decisions on cost concepts. List five examples of cost that might be assisted by engineering economics analysis. ( 10 ) (b) Emma and her husband decide they will buy RM 1,000 worth of utility stocks beginning one year from now. Since they expect their salaries to increase, they will increase their purchases by RM 200 per year for the next nine years. What would the present worth of all the stocks be if they yield a uniform dividend rate of 10% throughout the investment period and the price/share remains constant? ( 10 ) ( Total / Jumlah: 20 )