Find the Grade Point Average for the Following Student

question 87

Multiple Choice

Find the grade point average for the following student. Assume A = 4, B = 3, C = 2, D = 1, and F = 0. Round answer to the nearest tenth.
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• A)3.6
• B)12.0
• C)4.0
• D)3.0

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Definitions:

Utility

In economics, it refers to the total satisfaction received from consuming a good or service.

Consumption

The act of using goods and services for personal needs or wants, including the process by which these goods and services are acquired.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting a desire, expectation, or goal.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.