What Are the Three Primary Variables (Or Triple Constraints) in Any

question 253

Multiple Choice

What are the three primary variables (or triple constraints) in any project?

• A)time, cost, expense
• B)time, expense, requirements
• C)time, cost, scope
• D)time, cost, quality

Comprehend the concept of economies and diseconomies of scale in production.

Understand the law of diminishing returns and its implications for production.

Grasp the difference between short-run and long-run cost behaviors in a firm.

Distinguish between fixed, variable, and total costs in the context of production.