Moe divides his time between studying Physics and studying Economics. He has discovered that he can earn grades as shown on this production possibilities curve. Refer to the figure above. Which of the following is evidence that the low-hanging fruit principle applies to Moe's study habits?
A) Earning the first 65 points in economics has a lower opportunity cost than earning the ten points that moves his score from 90 to 100 in economics.
B) Physics is easier to grasp than economics, so it is the "low-hanging fruit" for Moe.
C) Economics is easier to grasp than physics, so it is the "low-hanging fruit" for Moe.
D) The low-hanging fruit principle applies only to production of goods and services, not to grades.

Question

Moe divides his time between studying Physics and studying Economics. He has discovered that he can earn grades as shown on this production possibilities curve.  Refer to the figure above. Which of the following is evidence that the low-hanging fruit principle applies to Moe's study habits?
A) Earning the first 65 points in economics has a lower opportunity cost than earning the ten points that moves his score from 90 to 100 in economics. 
B) Physics is easier to grasp than economics, so it is the "low-hanging fruit" for Moe. 
C) Economics is easier to grasp than physics, so it is the "low-hanging fruit" for Moe. 
D) The low-hanging fruit principle applies only to production of goods and services, not to grades.

Quizplus · Accepted Answer

The low-hanging fruit principle states that it is easier to produce or achieve the first increment of a good or service than it is to produce or achieve additional increments. In this case, earning the first 65 points in economics has a lower opportunity cost than earning the additional 10 points to get a perfect score. This is evidence that the low-hanging fruit principle applies to Moe's study habits. Option B and C are not relevant to the information given in the question. Option D is incorrect as the principle can apply to any type of production including the production of grades.

Moe Divides His Time Between Studying Physics and Studying Economics