Questions for Classroom Discussion on PRODUCTION THEORY

After reading about a real-world application of diminishing marginal returns, consider the following:

  • What could explain diminishing marginal returns with respect to school inputs, such as class size and teacher education?
  • Can you argue that marginal returns to school inputs should be positive?
  • Why should those not entering educated-related careers care about the evidence regarding diminishing marginal returns in education?

Our classroom discussion will likely take place on March 6. I am looking forward to your participation!

Posted by Prof. C-S

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