In Earned Value Analysis,the 50-50 Rule Assumes That __________

question 47

Multiple Choice

In earned value analysis,the 50-50 rule assumes that __________.

• A)50 percent is earned when the task is half done and 50 percent is earned at completion
• B)50 percent is earned when the task begins and 50 percent is earned at completion
• C)50 percent is earned when the task begins and 50 percent is earned at the halfway stage
• D)50 percent is earned when the project is planned and 50 percent is earned when the project is over

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Definitions:

Equilibrium

A state of balance in a system where competing forces or influences are equal; in economics, it's where supply equals demand.

Marginal Utility

The change in satisfaction or utility that an individual gains from consuming an additional unit of a good or service.

Consumer Equilibrium

A state where an individual allocates their income in a way that maximizes their utility, given their budget constraints.

Marginal Utility

The extra pleasure or benefit a consumer receives from using an additional unit of a product or service.