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Basic Question 8 of 29
If Gail's grade is currently a C and the grade she receives on her next exam is a B, ______
B. her overall grade will improve.
C. her marginal grade is less than her average grade.
A. her overall grade will fall or at least remain the same.
B. her overall grade will improve.
C. her marginal grade is less than her average grade.
User Contributed Comments 7
| User | Comment |
|---|---|
| bahodir | There is a nice example with GPAs in Michael Parkin's "Economics" book (btw, this book is recommended by the CFA institute). I suggest you read that example to understand all kinds of costs. |
| julescruis | If only there was enough time.... |
| jassosahan | So very true |
| mwali | Time is really running out. |
| Beret | Nice question if you are not up to date with the grading system in the US. In europe we use real number for grading. |
| jpducros | Beret, remember when you were at nursery, I'm sure you received some A, B, C grades.....or what is D ? ;-) |
| schweitzdm | Is anyone able to provide a free link to the GPA example mentioned by @bahodir? |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
determine and interpret break even and shutdown points of production, as well as how economies and diseconomies of scale affect costs under perfect and imperfect competition
CFA® 2024 Level I Curriculum, Volume 1, Module 1.