The marginal product model assumes that ?
Correct answer: A. individuals pay the full cost of their education
- A. individuals pay the full cost of their education
- B. government subsidizes schooling
- C. education persons migrate more
- D. capital and unskilled labor are complements
Explanation
The marginal product model treats education as an investment whose cost is borne by the individual, justified by the higher future earnings associated with greater productivity. Government subsidies and migration are not its defining assumptions.
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