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Why have the earnings of persons with less education (and skill) fallen relative to those with more education (and skill) ?
Strawberries
A sweet, red, heart-shaped fruit that is widely enjoyed fresh, in desserts, or as a flavoring.
Production Possibility Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs, representing the trade-off between the two goods.
Efficient Production
A production process that operates at the lowest possible cost and produces the highest possible output with given resources and technology.
Production Possibility Frontier
A curve depicting the maximum feasible amounts of two goods that can be produced with available resources and technology.
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