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In: Economics

1) a) Explain in details (using graphs) on how differences in marginal cost of capital (MCC)...

1) a) Explain in details (using graphs) on how differences in marginal cost of capital (MCC) between two people lead to differences in schooling (the persons have identical ability).

b) Explain in details (using graphs) on how differences in abilities between two people lead to differences in schooling (the persons have identical MCCs)

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Rahul Sunny answered 2 years ago
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