Problem
If we plot Michelle's GPA as a function of her leisure time, we see that her GPA first rises with leisure (taking some time o? improves her performance) but eventually decreases with leisure.
1. Plot the relationship between leisure and GPA on a graph. (Hint: Assume that the general shape is that of an inverted parabola.) Michelle has standard, convex preferences over leisure and class GPA. That is, her indifierence map over leisure and GPA is comprised of indifierence curves that are convex to the origin.
2. Use your graph to determine whether Michelle would choose the amount of leisure that maxi-mizes her GPA. Comment.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.