Question

Colleges and universities use such things as grade point averages and standardized test scores as Group of answer choices

1. a measure of consumer utility.
2. non-price rationing devices.
3. a means to shift the supply curve for a college education.
4. solely to frustrate prospective students.

Answer 1

1. a measure of consumer utility.

Step-by-step explanation:

• The grade pint and the scale scores and standardized tests are a measure that checks the average ranges of the customers as college and university students. Also tells how they are meeting the standards and are typically more reliable than other types of tests.