United States public schools in the first decade of the twenty-first century are faced with increasing demands for improving performance; simultaneously, government budgets are stagnant or shrinking. Thus it is particularly important to consider ways in which schools and school districts can use...

Economic growth is frequently explained by an increase in the quantity of production. However, economic growth is an increase in the productive capacity of an economy and it is explained by an outward shift of production possibility frontier. The aim of this study is to measure economic growth...

The purpose of this study is to examine relationship among returns to scale, returns to factors and the shape of the production possibility frontier under Cobb–Douglas production function. The study asks the following question: How can production possibility frontier be drawn (a) if returns to...