Consider the project network and data shown below: 
a.Determine the critical path.
b.If management wants the project done in one less month, which activity should they crash?
Definitions:
Monopolistically Competitive Firm
A monopolistically competitive firm operates in a market structure where many companies sell products that are similar but not identical, allowing for limited pricing power and competition on quality and branding.
Economic Profits
The total revenue of a firm minus its explicit and implicit costs.
Industry Exit
The process of firms leaving a market or ceasing production in a particular industry, often due to unfavourable market conditions, regulatory changes, or strategic re-alignments.
Markup
The amount added to the cost price of goods to cover overhead and profit; the difference between the cost of a product and its selling price.
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