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The graph shown demonstrates a tax on buyers. Once the tax has been imposed, the sellers produce ____ units and receive _____ for each one sold.
Activity Duration
The total length of time required to complete a specific task or activity from start to finish.
Critical Path
The sequence of stages determining the minimum time needed to complete a project, considering all dependencies and task durations.
Project Variance
The difference between planned and actual project performance, often measured in terms of cost or time.
PERT Analysis
Stands for Program Evaluation and Review Technique, a method used in project management to analyze the tasks involved in completing a project, especially the time needed to complete each task.
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