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A gentleman farmer maniacally works on academic projects to raise funds for his true passion,farming.He has identified seven tasks and developed three time estimates (all in days) of the next big project on the farm,replacing the fence at the comedy pasture.Tasks,precedence requirements,and time estimates are shown in the table.What is the standard deviation of the project's critical path?
Spillover Costs
Costs of production that affect people who have no control over or involvement in the production process, also known as externalities.
Excise Taxes
A tax levied on specific goods or commodities produced or sold within a country, such as alcohol, cigarettes, and gasoline.
Government Intervention
Actions taken by a government to influence or regulate various activities within its economy, such as imposing taxes, subsidies, and regulations.
External Costs
Costs incurred by society as a whole due to economic activities but not reflected in the market price or borne by the producer or consumer involved.
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