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Problem: Consider the problem of how teachers can allocate their time between group instruction (G) and individual instruction (I). The number of students in the class (N) is 30. The class time is 300 minutes per week. Assume that each student gets the same amount of time of individual instruction (I).
Required:
Question 1: What is the budget constraint faced by the teachers?
Question 2: What happens to the budget constraint if we increase total instruction time by 50 minutes?
Question 3: What happens to the budget constraint if we decrease class size to 20 students?
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