You are taking two courses this semester: biology and chemistry. You have quizzes coming up in both

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You are taking two courses this semester: biology and chemistry. You have quizzes coming up in both classes. The table below shows your grade on each quiz for different numbers of hours spent studying for each:
You are taking two courses this semester: biology and chemistry.

Your goal is to maximize your average grade on the two quizzes. Use the idea of optimization in differences to decide how much time you would spend studying for each quiz if you had only one hour in total to prepare for the two exams. How would you allocate that single hour of study time across the two subjects? Now repeat the analysis assuming that you have two hours in total to prepare for the two exams. Finally, repeat the analysis assuming that you have three hours in total to prepare for the two exams.

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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