Figure 8-3 Programmers Resource Histogram

question 36

Multiple Choice

Figure 8-3 Programmers Resource Histogram
-Consider the programmers resource histogram presented in Figure 8-3.If only six programmers are available to support this project,which of the following conclusions is valid? 

• A) The current schedule is feasible.
• B) The demand for programmers during weeks five and six exceeds the number available.
• C) The demand for programmers during weeks six through ten exceeds the number available.
• D) There is an excess capacity of programmers throughout the duration of this project.

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Definitions:

Classical

Pertains to the classical school of economic thought, focusing on free markets and the self-regulating nature of economies, emphasizing the roles of competition and supply and demand.

Monetarists

Monetarists are economists who believe that variations in the money supply have major influences on national output in the short run and the price level over longer periods.

Supply Side

An economic theory that emphasizes the importance of increasing production and supply as a way to stimulate economic growth, often through tax cuts and deregulation.

Supply-side Arguments

Supply-side arguments focus on the belief that reducing taxes and regulations on businesses will stimulate economic growth by increasing supply, leading to job creation and income growth.