A microeconomic method that a student could use to decide how to study for final exams is
A) the selfishness assumption
B) optimal allocation of time
C) the concavity principle

Question

Quizplus · Accepted Answer

Optimal allocation of time is the most appropriate microeconomic method for a student to decide how to study for final exams. This method involves evaluating the benefits and costs of different study strategies and allocating time towards the most efficient and effective methods. In other words, the student considers the trade-offs involved in investing time in each study method and chooses the one that maximizes their overall study performance.

A Microeconomic Method That a Student Could Use to Decide