Dr. Kremepuff gives 3 midterm exams. He drops the lowest score and gives each student his/her average score on the other two exams. Gertie is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam and x3 be her score on the third exam. On a graph with x2 on the horizontal axis and x3 on the vertical, draw Gertie's indifference curve that passes through the point (x2, x3) = (50, 70).
Dr. Kremepuff gives 3 midterm exams. He drops the lowest score and gives each student his/her average score on the other two exams. Gertie is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam and x3 be her score on the third exam. On a graph with x2 on the horizontal axis and x3 on the vertical, draw Gertie's indifference curve that passes through the point (x2, x3) = (50, 70).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Dr. Kremepuff gives 3 midterm exams. He drops the lowest score and gives each student his/her average score on the other two exams. Gertie is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam and x3 be her score on the third exam. On a graph with x2 on the horizontal axis and x3 on the vertical, draw Gertie's indifference curve that passes through the point (x2, x3) = (50, 70).
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