You Are Trying to Decide Which Professor to Take for Economics

question 19

Essay

You are trying to decide which professor to take for Economics. (You don't want to take it at all, but you have to.) Professor A is known to have great classes (fascinating lectures with lots of fun stuff thrown in), but she gives very challenging exams. Professor B's classes are quite dull, but his exams are quite easy. What are the marginal costs and benefits of taking Economics from Professor A rather than from Professor B? Who would you pick?

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Definitions:

Company's Accounts

The financial records that track the financial transactions and the financial position of a company, typically including the balance sheet, income statement, and cash flow statement.

Accounts Payable

Liabilities of a business that are due but unpaid to creditors for goods and services provided.

Debit Memo

A document issued by a buyer to a seller indicating an adjustment or decrease in the amount that the buyer owes to the seller, usually due to returns or refunds.

Bank Service Charges

Fees charged by a bank for the maintenance of an account and for providing various banking services.