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Author Question: One reason education expenditures are increasing is that a larger percentage of resources are now ... (Read 47 times)

swpotter12

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on: Jul 1, 2018
One reason education expenditures are increasing is that a larger percentage of resources are now being used on _____ expenditures.
 
  a. teacher aide
  b. non-classroom
  c. teacher salary
   d. textbook

Question 2

Lectures in microeconomics can be delivered either by an instructor (labor) or a movie (capital) or any combination of both. Each minute of the instructor's time delivers the same amount of information as a minute of the movie.
 
  Which graph in the above figure best represents the isoquants for lectures in microeconomics when capital per day is on the vertical axis and labor per day is on the horizontal axis? A) Graph A
  B) Graph B
  C) Graph C
  D) Graph D


mrphibs

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

C


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