Which of the following is not among the essential elements involved in decision making in engineering economic analysis:

Select one:

a. interest rate

b. measure of economic worth

c. cash flows

d. operations sequence

Do-nothing alternative is a scenario in which none of the projects is being selected. It will leave the value of the firm unchanged.

Select one:

True

False

In the engineering economy, the periodicity of compounding can not be more than one.

Select one:

True

False