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Answer to Question #63687 in Microeconomics for Mage

Question #63687
An hour-long exam consists of two problems, each worth a maximum of 50 points. A student doesn’t have enough time to get full-credit on both questions. How should this student allocate his or her time spent on each problem to maximize the total score? Illustrate your answer using a figure. 6 mks
Expert's answer
If an hour-long exam consists of two problems, each worth a maximum of 50 points and the student doesn’t have enough time to get full-credit on both questions, then this student will equally allocate his or her time spent on each problem to maximize the total score, so the 50% of time he will spend for both problems, as their maximum value is the same.

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