Question: Being a student, you probably have well-developed feelings about homework. Given the same amount of material learned, the less the better, right? (I thought so!) Define homework as the number of hours spent outside of class on various assignments that enter into your final grade. Now, assuming that the amount of material learned is the same in all instances, assess your utility function for homework over the range from 0 hours per week (best) to 20 hours per week (worst). (You may have to narrow the definition of homework. For example, does it make a difference what kind of course the homework is for? Does it matter whether the homework is term papers, case studies, short written assignments, oral presentations, or something else?)