Consider the plight of the students who enroll in the Executive MBA program as they attempt to manage their personal and professional lives. Let's assume that they had complete lives before taking on the program, that they devoted a certain amount of time to maintain their personal lives, but now they have additional demands on their time. Now these students will be trading off peace and comfort at home&emdash;related to the time spent at home, for good grades&emdash;related to the hours spent studying. Please use the following graph to describe conceptually the tradeoff between Peace at home and grades that now faces them.
€ What will happen to the 'possibility line' / tradeoff if they find additional time resources by deciding to spend less time sleeping.
€ What will happen to the tradeoff (curve) if the students become more efficient at producing peace at home?
