Suppose you must divide your time between studying for your math final and writing a final paper for your English class. The fraction of time that you spend studying math and its relation to your grade in the two classes are given in the table below: Fraction of Time Spent on Math Math Grade English Grade 0 0 97 20 45 92 40 65 85 60 75 70 80 82 50 100 88 0 What is the opportunity cost of increasing the time spent on math from 60 to 80 percent? a decrease of 50 points on the English paper a decrease of 20 points on the English paper a decrease of 15 points on the English paper a decrease of 13 points on the English paper
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- At 60% time spent on math, the English grade is 70. - At 80% time spent on math, the English grade is 50. Show more…
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