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.The table shows the student's estimate of the relation between time spent studying each course and the grade for each course. Based on the above information,how should the student allocate her time?
A) 3 hours economics,4 hours statistics,2 hours finance
B) 3 hours economics,3 hours statistics,3 hours finance
C) 4 hours economics,3 hours statistics,2 hours finance
D) 3 hours economics,2 hours statistics,4 hours finance
Correct Answer:
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Q2: agency is having problems with personal
Q3: an unconstrained maximization problem
A)the decision maker seeks
Q4: A manager in charge of new product
Q5: continuous choice variable
A)must be continuously varied to
Q6: agency is having problems with personal
Q7: function a decision maker seeks to maximize
Q8: a constrained minimization problem,the decision maker
A)is constrained
Q9: A manager in charge of new product
Q10: Use the following marginal benefit and marginal
Q11: Choice variables
A)determine the value of the objective
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