Which of the Following Is True About Hammock Activities

question 113

Multiple Choice

Which of the following is true about hammock activities?

• A) They are used to identify the use of fixed resources or costs over a segment of a project.
• B) They are a combination of Start to Start and Start to Finish lags.
• C) They are activities in which the costs are not subject to change.
• D) They are an alternative description for the critical path.
• E) They are highly sensitive.

---

Definitions:

Slope

A measure of the steepness or incline of a line, representing the rate at which y-values change for each unit increase in x-values.

Pure Competition

A market structure characterized by a large number of small firms, identical products, and free entry and exit from the market.

Long-run Adjustments

Changes a firm or industry makes over a long period to adapt to changes in demand, technology, or other economic factors.

Allocative Efficiency

Occurs when resources are distributed in a way that maximizes the net benefit to society, with goods and services produced at the level where the last unit provides a benefit equal to its cost of production.