Elite colleges and universities use standardized test scores (such as SAT and ACT scores)and high school grades as
A) a means to raise student utility.
B) a means to turn a university education from a "good" to a "bad."
C) rationing devices.
D) none of the above

Question

Quizplus · Accepted Answer

Standardized test scores and high school grades are used as rationing devices by elite colleges and universities to limit the number of students they admit. Since these institutions receive far more applications from qualified students than they can accommodate, they use test scores and grades to identify the most promising candidates and reject the rest. This allows them to maintain their exclusivity and prestige.

Elite Colleges and Universities Use Standardized Test Scores (Such as SAT