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Question 2. Suppose you want to maximize your grade in a class. There are two midterms in the class. Your professor tells you that they

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Question 2. Suppose you want to maximize your grade in a class. There are two midterms in the class. Your professor tells you that they will drop the midterm with the lowest score from your grade calculation. a] [5 points} Suppose you could choose your midterm scores. Which combination of scores would you prefer: (20;?0} or {60;60]? b] [5 points) Draw indifference cu ores which show all the combinations of scores you like as much as [ZDD]. Draw indifference curves which show all the combinations of scores you like as much as [60;60]. c] [5 points) What would be a utility function which would describe your preferences over all alternative combinations ofxl and :2. d] [5 points} Write another utility function describing the same preference (hint: write a positive monotonic transformation of the function you wrote in {c]}|

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