The Shortest Time in Which the Entire Network Can Be

question 20

Multiple Choice

The shortest time in which the entire network can be completed is referred to as the __________.

• A)critical time of the network
• B)real duration of the network
• C)elapsed time of the network
• D)slack time of the network

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Definitions:

Monopolistically Competitive Firm

A company that operates in a market with many competitors that sell products or services which are not perfect substitutes, allowing for some degree of market power.

Entrance

refers to the act or point of entering, which can be physical, such as entering a building, or metaphorical, such as entering a market.

Reducing Profits

Actions or factors that decrease the earnings or profitability of a business.

Monopolistic Competition

A market structure in which many firms sell products that are similar but not identical.