Marginal Analysis
Try It
- Suppose the relationship between your study time and your grade on a History midterm is given by the following table:
| If you study for | Your grade will be |
|---|---|
| 4 hours | 82 |
| 5 hours | 91 |
| 6 hours | 94 |
What is the "marginal grade improvement (MGI)" of the 5th hour of studying?
____ points
2. What is the "marginal grade improvement (MGI)" of the 6th hour of studying?
____ points
3. Why might the MGI be diminishing?