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Feasibility Set and Indifference Curves Consider the advances you have made in studying more productively over the past two years or so (e.g. from high
Feasibility Set and Indifference Curves
Consider the advances you have made in studying more productively over the past two years or so (e.g. from high school to 2nd-year university). Describe the specific methods you have used to improve your studying processes. Draw a diagram to illustrate how a technological improvement in your personal production function would affect your feasible set of grades and study hours. Then, examine what might happen to your choice of study hours, and the choices that you might make
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