economic
posted by thiti
Suppose, unfortunately , your mathematics and economics professors have decide to give tests 2 day from now and you can spend only a total of 12 hours studying for exams .After some thought, you conclude that dividend your study time equally between each subject will give you an expected grade of C in each course . For each addition 3 hours study time for one of the subjects, your grade will increase one letter for that subject, and your grade will fall one letter for the other subject.
a. Construct a table for the production possibilities and corresponding number of hours of study in this case.
b. Plot these production possibilities data in a graph.
c. Does this production possibilities curve reflect the law of increasing opportunity cost? Explain.
Respond to this Question
Similar Questions

Algebra
Bill has 12 hours available to study for his final exams in history and psychology. He decides that he needs to spend twice as much time studying for history as for psychology. How long should he study How would I even begin to solve … 
biochemistrystudying
I am taking biochemistry. I study for my tests, but I still can't do better than a D. After I turn my tests in, I feel confident that I did well until I get my tests back. I am frustrated and feel maybe I am too stupid for such a course. … 
Math
Lee has two tests to study for: Chemistry and French. She plans to study for up to 13h in total. She will spend at least 4 hours studying Chemistry and up to 6 hours studying French. Let x represent the number of hours she will spend … 
Economics
Brian is taking three courses this semester: economics, statistics, and finance. He has decided to spend 19 hours per week studying (in addition to attending all his classes) and his objective is to maximize his average grade, which … 
Beginning of Stats
A study of 50 mathematics professors showed that they spend, on average,12.4 minutes correcting a student's final examinations. Find a 90% confidence interval of the mean time for all mathematics peofessors spend on conrrecting final … 
economic
10. Suppose, unfortunately , your mathematics and economics professors have decide to give tests 2 day from now and you can spend only a total of 12 hours studying for exams .After some thought, you conclude that dividend your study … 
Math
I studied for four hours. I added 2 more hours every day for a week. How many more days do I have to study until I have spend 20 hours studying? 
English
1. I am busy studying for the midterm exam. 2. I am busy studying for the midterm exam. 3. I am busy studying for the midterm exams. 4. I am busy studying for the midterm exams. (Here in our country, During the period of the midterm … 
Math
Johnny spent 4 2/3 for his exams studying for his math exams. He spent 3/4 of the time studying for math. How many hours did Johnny spend stydying for his exam? 
Economics
A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. 1. How should the student …