Costs Related to ____ Are for Outsourced Work When the Project

question 29

Multiple Choice

Costs related to ____ are for outsourced work when the project teams or contractors do not have the expertise or resources to do certain project tasks.

• A) benefactors and suppliers
• B) stakeholders
• C) reserve and withholding
• D) subcontractors and consultants

---

Definitions:

Change in Demand

A shift in the quantity of a product or service that consumers are willing and able to buy at various prices, due to factors like changes in consumer preferences, income, or the prices of related goods.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a specific period.

Price

The pecuniary figure assumed, needed, or distributed as payoff for something.

Demand Curve

A visual depiction highlighting how the cost of a good influences the quantity that buyers seek.