For an Activity-On-Node (AON)network

question 83

Multiple Choice

For an activity-on-node (AON) network,

• A)arrows represent activities and nodes represent events.
• B)nodes represent activities and arrows indicate precedence relationships.
• C)arrows represent events and nodes indicate precedence relationships.
• D)nodes indicate precedence relationships and arrows indicates the length of the activity time.

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Definitions:

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The service provided by a vehicle licensed to transport passengers in return for payment, usually determined by a meter.

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A framework or set of principles explaining how economies function and how economic agents interact.

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The extra profit that producers can make when supply is artificially restricted by an import quota.

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The highest price that consumers are willing to pay for a good or service at a given quantity.