|
Assume your GPA is 3.0, a "B"
average. Let's call the GPA that you earn this
semester your MARGINAL grade point (MGP; Remember
"marginal" means "extra".)
What happens to your 3.0 GPA if you
get straight C's this semester? (What happens to your grade
point AVERAGE, 3.0 if your MARGINAL grade point, 2.0, is
lower?)
What happens to your 3.0 GPA if you
get straight A's (4.0) this semester? (What happens to your
grade point AVERAGE if your MARGINAL grade point is
higher?)
What happens to the AVERAGE Product
(AP) if the MARGINAL Product (MP) is above it? ANSWER: if MP
is greater than AP then AP will rise.
What happens to the AVERAGE Product
(AP) if the Marginal Product (MP) is below it? ANSWER: if MP
is less than AP then AP will fall.
Marginal Product curve crosses the
Average Product curve where?
For all graphs: DEFINE, DRAW,
DESCRIBE the shape.
|
