Adding More People to a Project Actually Might Increase the Time

question 20

Multiple Choice

Adding more people to a project actually might increase the time necessary to complete the project because of a principle called _____.

• A) Brooks' Law
• B) Bernoulli's Law
• C) Hooke's Law
• D) Moody's Law

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Definitions:

Comparative Advantage

A theory that suggests a country should specialize in producing and exporting goods and services for which it has the lowest opportunity cost.

Resources

Land, labor, capital, and entrepreneurial ability used to produce goods and services.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to specialized production and trade.

Absolute Advantage

A situation in which a country, individual, or company can produce a good at a lower cost per unit than competitors.