Which of the Following Statements Concerning CPM Activities Is False

question 114

Multiple Choice

Which of the following statements concerning CPM activities is false?

• A) The early finish of an activity is the early start of that activity plus its duration.
• B) The late finish is the earliest of the late start times of all successor activities.
• C) The late start of an activity is its late finish less its duration.
• D) The late finish of an activity is the earliest late start of all preceding activities.
• E) The early start of an activity is the latest early finish of all preceding activities.

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Definitions:

Marginal Social Cost

The additional cost imposed on society as a whole from producing one more unit of a good or service.

Socially Optimal

is a condition or outcome in which the allocation of resources maximizes the overall benefit to society.

Nonexcludable

A characteristic of a good whereby it is difficult or impossible to prevent people who have not paid for it from consuming or using it.

Rival

An entity competing against another in the same market or field.