Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?

Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?

Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?

Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?

I guess you would have your y axis be “price” in terms of amount of time studying in this case.  In that case, the demand curve would be vertical — at any price, the student only wants one outcome — an A.For any other outcome, his quantity demanded would be zero.I suppose the most likely reason why this is not realistic is that no one really wants an A so badly as to spend literally all of their time studying for that one particular class.  There would surely come a point when the student decided that the marginal return on his studying was no longer worth the marginal cost.
Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?
Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?
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Assume a student told an instructor that he needed an "A" in the class. What shape would his demand curve have? why isn’t this realistic?
Read More