Would you be better off if you changed your major

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Quesiton: Some of the following problems would be suitable for solution by engineering economic analysis. Which ones are they?

(a) Would it be better to buy a car with a diesel engine or a gasoline engine?

(b) Should an automatic machine be purchased to replace three workers now doing a task by hand?

(c) Would it be wise to enroll for an early morning class to avoid traveling during the morning traffic rush hours?

(d) Would you be better off if you changed your major?

(e) One of the people you might marry has a job that pays very little money, while another has a professional job with an excellent salary. Which one should you marry?

Reference no: EM132154333

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