3. Assume that you have two remaining exams, one in an Econ class and
one in Underwater Basketweaving (usually taught in the PE department).
Assume that you expect to use 12 hours in studying for these tests, but
that you must determine how to distribute your 12 hours of study time
between these two classes. Your GPA from these two courses can be
calculated from the following equation:
where E = # of hrs spent studying for the Econ final, and U = # of hrs
spent studying for the Underwater Basketweaving final.
a. How much time should be spent studying for each class? That is,
maximize GPA by determining E* and U* subject to the 12 hour study time
constraint.
b. Did this allocation of study time maximize or minimize your GPA?
Economics Homework Solutions
#3249
applied microeconomics
How much time should be spent studying for each class? That is, maximize GPA by determining E* and U* subject to the 12 hour study time constraint.
b. Did this allocation of study time maximize or minimize your GPA?
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