In a Resource-Constrained Project the Third Priority in Assigning Resources

question 78

Multiple Choice

In a resource-constrained project the third priority in assigning resources is usually given to activities with the

• A)Smallest duration.
• B)Least slack.
• C)Most slack.
• D)Lowest identification number.
• E)Highest cost.

---

Definitions:

Supply

The total amount of a product or service that is available for purchase at various prices in a given market.

Price-Elasticity

A measure that indicates how much the quantity demanded of a good responds to a change in the price of that good, with high elasticity indicating a significant response to price changes.

Supply Schedule

is a table or graph showing the quantity of a good that suppliers are willing to sell at different prices over a specific period.

Price Ranges

The spectrum of prices at which a particular good or service is sold in the market.