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The educational production function is, in principle, similar to any production function. The latter is a mathematical relation that describes how resources (inputs) can be
The educational production function is, in principle, similar to any production function. The latter is a mathematical relation that describes how resources (inputs) can be transformed into outputs' and is usually depicted as a function of a vector of inputs y=f(x).
Using the function y=f(x), derive expressions for average physical product and marginal physical product.
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