What Is the Latest That Activity B Can Start If

question 28

Multiple Choice

What is the latest that activity B can start if A lasts 35 days,B lasts 5,days C lasts 6 days,and D lasts 7 days?

• A) 35
• B) 36
• C) 40
• D) 41

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Definitions:

Economic Model

A simplified representation of economic processes used to predict economic behaviors.

Productive

Being productive pertains to the capacity or efficiency of producing a considerable amount or result, typically in the context of economic goods and services.

Benefit From Trade

The advantage gained by countries, firms, or individuals from engaging in exchange, usually resulting in access to a wider variety of goods or services at lower costs.

Opportunity Cost

The monetary loss of relinquishing the best subsequent option upon deciding.