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.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year