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1 What trade-off do you face as a s tudent regarding your grade in Economics and Chemistry? 2 What is the outcome illustrated by choice

1 What trade-off do you face as a s

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tudent regarding your grade in Economics and Chemistry? 2 What is the outcome illustrated by choice B? 3 What is the opportunity cost of moving from choice D to C? 4 When might it make sense to choose an extreme point like A?

Hours Spent Studying Midterm Score Choice Economics Chemistry Economics Chemistry 5 0 95 70 B 4 1 93 78 3 2 90 84 D 2 3 86 88 E 1 4 81 90 F 0 5 75 91

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