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...Manual of engineering economy nanda shakya chapter introduction to economics origin principles role engineers on economic decision cash flow diagram page is defined as the study allocation scarce resources among unlimited ends or wants our are at least increasing ever and satisfy all these we need supply productive which could provide necessary goods services community however i e limited in obtained some cost other words relation its needs therefore should be used wisely judiciously more effectively optimum level minimizing maximizing profit benefit without compromising quality product service decisions involve number feasible alternatives options must properly evaluated before implementing them if there no alternative mission transform nature for human race translate an idea into reality may technically excellent incorporating sound design latest technology but it does not convert real that affordable fit purposes satisfying requirements end users clients target group beneficiary the...