Project ________ Varies According to the Extent the Project Scope

question 41

Multiple Choice

Project ________ varies according to the extent the project scope is known and stable and the technology to be used is known and proven.

• A)Stability
• B)Certainty
• C)Unity
• D)Uncertainty
• E)Degree

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Definitions:

Price Floor

Government-imposed minimum price (used almost exclusively to keep agricultural commodity prices up).

Productivity

Output per unit of input; efficiency with which resources are used.

Acre of Land

A unit of area used in the United States and the United Kingdom, equivalent to 43,560 square feet.

Price Mechanism

The system by which the forces of supply and demand determine the prices of goods and services and allocate resources in an economy.