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According to the marginal productivity theory of income distribution,if a unit of labor is paid more than a unit of capital,it is because,at the equilibrium quantity of each factor,the value of the marginal product of labor is proportionately greater than the value of the marginal product of capital.
Formative Evaluation
Systematic assessment occurring before or during a learning activity to improve the educational process.
Process Evaluation
An assessment focusing on the implementation process of a program, activity, or policy to understand how it operates and to identify areas for improvement.
Summative Evaluation
Systematic assessment at the conclusion of a course, program, or learning activity.
Impact Evaluation
A study to assess the changes that can be attributed to a particular intervention, such as a project, program, or policy, apart from other causes.
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