If an Activity Is Determined to Be on the Critical

question 72

Multiple Choice

If an activity is determined to be on the critical path, that means that it, and perhaps others, will affect project:

• A) direct costs.
• B) performance.
• C) quality.
• D) conflict.
• E) duration.

---

Definitions:

Perfectly Competitive

A market structure characterized by many buyers and sellers, homogenous products, and free entry and exit, leading to efficient pricing and output levels.

Organic

Pertaining to or derived from living organisms, in food production referring to practices that do not use synthetic pesticides or fertilizers.

Profit

The profit achieved when the revenue generated from a business operation surpasses the expenses, costs, and taxes needed to maintain the operation.

External Effects

Also known as externalities, these are positive or negative consequences of economic activities experienced by unrelated third parties.