Let's say that I am lazy and I do not assign any homework and the outcome of this course depends on your midterm and final exam grade. Due to my excessive laziness, I do not even consider both grades, I just take the maximum of the two.

1. Which would you prefer, scoring a 80% on the midterm and a 30% on the final, or scoring a 80% on the midterm and 80% on the final?

2. On a graph, illustrate all the bundles, or combinations, of midterm and final grades that would make you indifferent to the (80, 30) score. With a separate color, illustrate all the bundles that would make you indifferent to (80, 80).