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This Act,signed into U

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This Act,signed into U.S.law in 2002,allowed for more intensified efforts by each state to improve the academic achievement of public school students considered at risk for school failure.


Definitions:

MC

Often referred to as Marginal Cost, it is the increase in total cost that arises from an extra unit of production.

Inputs

Resources used in the production process to produce goods or services.

Production

The process of creating goods or services using inputs such as labor, materials, and technology.

Spreading Effect

refers to the phenomenon where the impact of a particular event, policy, or action extends or disperses across a wider area or population.

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