Measures of Student Performance Have Not Increased Even Though Per-Pupil

Multiple Choice

Measures of student performance have not increased even though per-pupil government subsidies have increased because

A) there is a need for more funds to be spent.
B) we have declining enrollment in public schools.
C) parents and children value the last unit of educational services received more than the cost.
D) parents and children value the last unit of educational services received less than the cost.