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Draw a network diagram using the AON convention for the following project.
Activity A has a duration of 4 days and no predecessor.
Activity B has a duration of 2 days and has A as a predecessor.
Activity C has a duration of 2 days and has A as a predecessor.
Activity D has a duration of 3 days and has B as a predecessor.
Activity E has a duration of 4 days and has C as a predecessor.
Activity F has a duration of 1 day and has D and E as predecessors.
Arc Elasticity
A method for calculating elasticity between two points on a demand curve using the midpoint formula.
Wheat Demand
The total quantity of wheat that consumers are willing and able to purchase at a given price level.
Price Elasticity of Demand
A measure of the responsiveness of the quantity demanded of a good to a change in its price.
Bushel of Wheat
A unit of measure for volumes of dry commodities, typically used in agriculture for wheat, equivalent to approximately 35.24 liters.
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