Colleges and universities use such things as grade point averages and standardized test scores as
A) a measure of consumer utility.
B) non-price rationing devices.
C) a means to shift the supply curve for a college education.
D) solely to frustrate prospective students.

Question

Quizplus · Accepted Answer

Colleges and universities use grade point averages and standardized test scores as non-price rationing devices to narrow down the pool of prospective students and ensure they are admitting students who are academically prepared to succeed at their institution. It helps them manage the supply and demand for their programs and maintain academic standards. The other options are not accurate.

Colleges and Universities Use Such Things as Grade Point Averages