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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Should grades in an economics class be “rationed” according to dollar price instead of how well a student does on exams? If they were and prospective employers learned of it, what effect might this have on the value of your college degree?

To determine

The rationing of grades.

Explanation

Grading in colleges is used as a measure to evaluate the performance of a student. When the grades are rationed, it can no longer measure the performance of students. Through rationing of grades, only the ability or willingness of a student to pay for the degree can be measured...

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