Professor Goodheart\'s colleague Dr. Kremepuff gives 3 midterm exams. He drops t

Question

Professor Goodheart's colleague Dr. Kremepuff gives 3 midterm exams. He drops the lowest score and gives each student her average score on the other two exams. Polly Sigh is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam and .xs be her score on the third exam. If we draw her indifference curves for scores on the second and third exams with represented by the horizontal axis and 3 represented by the vertical axis, then her indifference curve through the point (x2, x3) (50,70) is a. L-shaped with a kink where x2 x. b. three line segments, one vertical, one horizontal, and one running from (70, 60) to (60, 70). a straight line, running from (0, 120) to (120, 0) three line segments, one vertical, one horizontal, and one running from (70, 50) to (50, 70). a V-shaped curve with its point at (50, 70). c. d. e.

Explanation / Answer

Consider the given problem here “Polly Sigh” got “X2” on the second exam and got “X3” on her third exam. Now, if “X2=50 and X3=70”, => total marks from these two exam is given by “X2+X3=120”. Now, she will be indifferent where the total marks from these two exams will be “120”.

So, here the indifference curve will be a straight line passing through (x2=0, x3=120” and (x2=120, x3=0). So, here “C” be the correct answer of this question.

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.