Which statement is true of Critical Path Method (CPM)?

Business

1 answer:

Masja [62]3 years ago

6 0

Answer:

d. It determines the critical path for the completion of a series of interrelated activities.

Explanation:

The Critical Path method is a method to lay out the different steps or interrelated activities of a project, in a graphical manner, that shows the interrelations, the time each activity takes to complete, the different alternatives or paths for project completion, and the total completion time for the project.

It also shows the amount of time a delay in one of the activities would delay the project as a whole.

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Suppose that real GDP per capita in the United States is $49,000. If the long-term growth rate of real GDP per capita is 1.6% pe

Stells [14]

Answer:

n = 43.6673555

it will take 43.67 year to achice a real GDP of 98,000

Explanation:

we solve for time of a future lump-sum:

$PV (1+r)^n = FV\\(1+r)^n = FV / PV\\$

we use logarithmics properties:

$(1+r)^n = FV/PV\\log_{1+r}FV/PV = n\\n = \frac{log FV/PV}{log(1+r)}$

PV 49,000

FV 98,000

rate 1.6%

$n = \frac{log 98,000/49,000}{log(1+0.016)}$

n = 43.6673555

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3 years ago

There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season ticket

In-s [12.5K]

Answer: quantity demanded of Packers tickets decreased.

Explanation:

First and foremost, we should note that normal goods are the goods that when the income of an individual rises, the individual will buy more and in a case whereby the income reduces, the person will buy less.

Therefore, during recession when people's incomes decreased, the quantity demanded of Packers tickets decreased as well

7 0

3 years ago

Assume that the market for pencils is perfectly competitive. The market equilibrium price is $0.50 and Perry's Pencil Company ha

Nata [24]

The marginal revenue is $0.5 which is being earned if the company sells one more pencil.

<h3>What is total revenue?</h3>

Total revenue is the amount being obtained by the firm after selling the goods and services in the market.

Given values:

Quantity sold: 10,000 units

Marginal quantity: 10,001 units

Equilibrium price: $0.50

Computation of marginal revenue earned:

$\rm\ Marginal \rm\ revenue=\frac{ \rm\ Additional \rm\ revenue-\rm\ Total \rm\ revenue}{\rm\ Total \rm\ quanitiy - \rm\ Additional \rm\ quantity} \\\rm\ Marginal \rm\ revenue=\frac{ 10,001 \times\ \$0.50 - 10,000 \times\ \$0.50}{10,001-10,000} \\\rm\ Marginal \rm\ revenue=\frac{\$5,000.50-\$5,000}{1} \\\rm\ Marginal \rm\ revenue=\$0.50$