Nancy Lerner Is Taking a Course from Professor Goodheart Who

question 23

Multiple Choice

Nancy Lerner is taking a course from Professor Goodheart who will count only her best midterm grade and from Professor Stern who will count only her worst midterm grade.In one of her classes, Nancy has scores of 40 on her first midterm and 50 on her second midterm.When the first midterm score is measured on the horizontal axis and her second midterm score on the vertical, her indifference curve has a slope of zero at the point (40, 50) .This class could

• A)be Professor Stern's but could not be Professor Goodheart's.
• B)be either Professor Goodheart's or Professor Stern's.
• C)not be either Professor Goodheart's or Professor Stern's.
• D)be Professor Goodheart's but could not be Professor Stern's.
• E)There is not enough information to tell whose class it could or couldn't be.

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Definitions:

Physical Strength

The measure of an individual's exertion capacity in terms of muscle performance and endurance.

Job Significance

The perceived importance of a job's impact on the company or society by the job holder.

Labour Standards

Established benchmarks or criteria for measuring the productivity, efficiency, and performance of labor within an organization or industry.

Assembly Lines

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product in the most efficient way.