Assume an economics instructor want to promote equity in their classroom. To do this, announce that all students will receive a final grade equal to the class average. Based on the equity-efficiency tradeoff, what is a likely outcome?
A) Most students will spend their time on other courses, resulting in little learning and a low class average.
B) Freed from competition, students will fully apply themselves to an economics course causing the class average to rise.
C) Student behaviour will not change, but everyone in the class will have the same mark.
D) Students will put extra effort into this economics course solely to help other students do well.
Correct Answer:
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