Answer - Option C
To measure the level of utility students get from the college
The grade averages and the standradized tests help to know if the student is performing the efficiently and whether he is benefitting from the studies in college.
It is not a non price rationing as it is done after the admission not before. It does not come under any price or non price strategy to influence the demand or supply. Hence option C serves the purpose of the test.
Colleges and universities use such things as grade point averages and standardized test scores as solely...
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