Microeconomics Discussions

There are two discussion questions. You will need to answer both questions in order to receive full credit. Please review ferZoom the Discussion & Peer Review Rubric. Graw-Hill Discussion Questions: nect 1. At times we all regret decisions. Does this necessarily mean we did not use the economic decision rule when making the C Library decision? ogle Drive 2. Research shows that after-school jobs are highly correlated with decreases in grade point averages. Those who work 1 to 10 hours get a 3.0 GPA and those who work 21 hours have a 2.7 GPA. Higher GPAs are, however, highly-correlated with higher ee Online Tutoring lifetime earnings. Assume that a person earns $8,000 per year for working part-time in college and that the return to a 0.1 et Tutor increase in GPA gives a 10 percent increase in one's lifetime earnings with a present value of $80,000. o What would be the argument for working rather than studying harder? o Is the assumption that there is a trade-off between working and grades reasonable