Of course what it should be is like at university. The professor can't spend all his time with you, so you get a rough list of what you should know about. It's then up to you to judge whether you need to read a bit more or a bit less.
The point is judgement. You can figure out when you understand something. You don't need a whole page of quadratic equations, in fact you don't understand it if you get to the end and think you need more. OTOH, if you only do the first two and you think you get it, you might be enlightened when you look at some further questions.
As a parent, it means instead of asking the teacher for more homework, which will annoy them, you can simply ask your kid some enlightening questions. It's probably a lot more interesting for them that way.