Sunday, 9 October 2011

EWOT Googles #5 "Interesting Fact" (10/09/2011)

Why people left the review session with the TA's?
Don't you want an A?


     People leaft the TAs session study early, and perhaphs they felt guilty about it. Thinking that the TA's might be offended about it. After talking to them the reasons they left the session was purely on economics, specifically the opportunity cost that they presented with. 
I as one of the students that left about their options analysis about leaving or staying and he answered....


I had two options: Staying at the study session or leaving early and studying on my own at the library. The opportunity cost of leaving early was essentially being able to go over the questions with someone able to answer any of my questions. Whereas the opportunity cost of staying was that nights available study time (because I had to go to the gym and had a date that night and so only had the time block of the study session).
 So after weighting the costs it became apparent that they had to leave, since the opportunity cost of leaving which was getting help with the study questions was easily remedied via Rizzo's audio recordings. Whereas a night of studying was not easily made up.


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