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What Is One of the Two Predictors of a School

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What is one of the two predictors of a school dropout?


Definitions:

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production.

Marginal Resource Cost

The additional cost incurred by acquiring one more unit of a resource, such as labor or materials.

Long-run Real Wages

The inflation-adjusted income received by workers, taking into account the purchasing power of their earnings over a long period.

Demand for Labor

The total amount of workforce or labor hours that employers in the economy are willing and able to hire at a given wage rate.

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