Question: For 5 through 8. Consider a high school i, that maximizes some educational output function Yi by choosing the level of capital k-l and labor

For 5 through 8. Consider a high school i, that maximizes

For 5 through 8. Consider a high school i, that maximizes some educational output function Yi by choosing the level of capital k-l and labor Ii. The level of technology, a, is set by the school district and is not a choice of the school. Y; : 1f(kiili)_ TIT-i ' ml,- 0 In a school district where the level of technology expands the education production frontier, dene the appropriate range of values for the parameter a. a. cu: 0 o>0 0-: a

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