Fig72 Which One of the Following Statements Regarding Figure

question 91

Multiple Choice

Fig.7.2 Which one of the following statements regarding Figure 7.2 is TRUE?

• A)Activity S cannot finish until activity T finishes.
• B)Activity T cannot begin until activity U is completed.
• C)Activity U cannot begin until activities S and T have been completed.
• D)Activity V cannot begin until activity S has been completed.

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Definitions:

Marginal Revenue

The incremental income achieved by dispensing one more unit of a good or service.

Full-Fare Customers

Passengers who pay the full, un-discounted price for their tickets, typically providing higher revenue per seat for service providers.

Peak-Load Pricing

A pricing strategy that sets higher prices during times of high demand and lower prices during times of low demand.

Marginal Cost

The additional charge of creating one more unit of a product or service.