What Are Work Breakdown Structure Elements That Must Be Completed

question 86

Multiple Choice

What are work breakdown structure elements that must be completed to conclude the project deliverables?

• A)activities
• B)tasks
• C)work packages
• D)milestones

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Definitions:

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen over others.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually do pay.

Price Elasticity

The determination of how price alterations influence the market demand for a commodity.

Marginal Value

The additional satisfaction or utility received by consuming one more unit of a good or service.