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This is an easy-to-use exercise that will help students assess their own decisions about allocating time for study. It can be used in any introductory economics class either at the beginning of the course or in the end as review material. This activity should be used after students have been introduced to the concept of scarcity and the rudiments of rational choice, which in this can be expressed, "if the benefits of studying more are greater than the costs of more, then students will study more."

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