The Tablet Unearthed by the Archaeologist Revealed an Ancient Culture's

question 24

Multiple Choice

The tablet unearthed by the archaeologist revealed an ancient culture's project plan. However, the sands of time had erased much of the information that the table once contained. Use this fragmentary record to unlock the ancient project's secrets and answer the following question(s) .
$$\begin{array} { | c | c | c | c | c | c | c | } \hline \text { Activity } & \text { Predecessors } & \text { Time } & \text { ES } & \text { EF } & \text { LS } & \text { LF } \\\hline \text { A } & \cdots & 7 & & & & 12 \\\hline \text { B } & \cdots & 8 & & & & \\\hline \text { C } & \text { A } & & & & 13 & 20 \\\hline \text { D } & \text { A } & 11 & & & 12 & \\\hline \text { E } & \text { B } & & & 14 & 17 & \\\hline \text { F } & \text { B } & 11 & & & & \\\hline \text { G } & \text { D, E } & 6 & & & & \\\hline \text { H } & \text { C } & & & & 20 & \\\hline \text { K } & \text { F } & & & 29 & & \\\hline \text { L } & G , H , K & 9 & & & & \\\hline\end{array}$$
-Refer to the scenario above. What is the earliest start time for activity H?

• A)Week 14
• B)Week 15
• C)Week 16
• D)Week 17

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Definitions:

Revealed Preference

A theory that assumes individuals' preferences can be determined by their purchasing habits.

Weak Axiom

A principle in consumer choice theory stating that if a consumer prefers bundle A over bundle B when both are available at the same prices, then the consumer will not purchase more of bundle B if its price rises.

Revealed Preference

An economic theory stating that the preferences of consumers can be understood by their purchasing habits.

Prices

The monetary value assigned to goods and services in a market, dictating the exchange rate at which these can be traded.