Question

Resources are adequate, but demand varies widely over the life of the project. Delaying noncritical activities to lower peak demand is known as ____

Answer 1

Answer: Smoothing

Explanation: Smoothing also referred to as consumption smoothing is the concept in economics which focuses on making demand stable over the time. Smoothing measures can be used to decrease the peaked demand or to increase the lower demand.

Smoothing can be identified when individuals in an economy reduce their consumption today as a protection against a future contingency.

Thus, we can conclude that the answer to the given problem ism Smoothing.