Choice- Hours studing - Hours studying - computer- Economic Computer Economics G

Question

Choice- Hours studing - Hours studying - computer- Economic
Computer Economics Grades Grades
A 10 0 100 0
B 8 2 90 20
C 6 5 75 40
D 4 6 55 60
E 2 8 30 80
F 0 10 0 100

1. Does this graph display constant or increasing opportunity cost? Explain.
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2. If this student is earning 60 points in computer networking and 50 points in economics, is this point efficient, inefficient, or unattainable? Explain.
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3. If this student wishes to earn 95% in each course, could the student make adjustments to make this scenario possible? Explain.
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4. What is the opportunity cost of earning a 100% instead of 80% in the economics course? Explain.
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Explanation / Answer

Does this graph display constant or increasing opportunity cost? Explain. Increasing, the more one studies the better the grades 2. If this student is earning 60 points in computer networking and 50 points in economics, is this point efficient, inefficient, or unattainable? Explain. This is inefficient because it is less that the production possibility curve. In other words, they have the ability to earn 60 points in computer and 55 in economics but are not studying to their full potential. 3. If this student wishes to earn 95% in each course, could the student make adjustments to make this scenario possible? Explain. No, this student does not have enough hours in the day to study and attain a 95 in both courses. 4. What is the opportunity cost of earning a 100% instead of 80% in the economics course? Explain. This opportunity cost is earning 30% vs 0% in computer science. The reason is this is the next best alternative of giving up time.

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