A decision at the margin Crystal is a hard-working college senior. One Thursday, she decides to work nonstop until she has answered 100 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Use the table to answer the following questions. The marginal, or additional, gain from Crystal’s first hour of work, from 8:00 AM to 9:00 AM, is problems. The marginal gain from Crystal’s third hour of work, from 10:00 AM to 11:00 AM, is problems. Later, the teaching assistant in Crystal’s math course gives her some advice. “Based on past experience,” the teaching assistant says, “working on 35 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always cover the same number of pages during each hour they spend reading. Given this information, in order to use her 4 hours of study time to get the best exam score possible, how many hours should she have spent working on problems, and how many should she have spent reading? 0 hours working on problems, 4 hours reading 1 hour working on problems, 3 hours reading 3 hours working on problems, 1 hour reading 4 hours working on problems, 0 hours reading

Respuesta :

She should spend 1 hour working on problems , 3 hour reading , Option B is the right answer.

What is Margin gain ?

The gain of the desired effect with respect to the previous gain is called margin gain

The marginal gain from 8:00 am to 9:00 am is

(40-0) = 40 problems

The marginal gain from 9:00 am to 10:00 am is

= 70-40 = 30 problems

The marginal gain from 10:00 am to 11:00 am is

(90-70) = 20 problems

As if she does more than one hour of problem solving her productivity decreases to 30 which is less than 1 hour of reading textbook

Therefore she should not spend more than 1 hour on problem solving.

Therefore Option B is the right answer.

1 hour working on problems , 3 hour reading

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