Author Question: The fact that the children of the poor drop out of school earlier than other children is evidence of ... (Read 111 times)

clmills979 · **on:** Jul 1, 2018

The fact that the children of the poor drop out of school earlier than other children is evidence of the flawed character of the poor.

Indicate whether the statement is true or false

Question 2

If capital is measured on the vertical axis and labor is measured on the horizontal axis, the slope of an isoquant can be interpreted as the

A) rate at which the firm can replace capital with labor without changing the output rate.
B) average rate at which the firm can replace capital with labor without changing the output rate.
C) marginal product of labor.
D) marginal product of capital.