A firm has a production function of 
, the rental rate of capital is $50, and the wage rate is $15. In the short run, 
Is fixed at 80 units. The short-run marginal cost function is MC = ____.
Definitions:
Occupational Interest Inventories
Standardized assessments designed to measure an individual's preferences, dislikes, and interests in various occupational fields.
College-level Reading
Advanced reading skills necessary for understanding and analyzing complex texts typical in higher education contexts.
Quantitative Skills
The capability to handle and analyze numerical data effectively.
Super's Developmental Model
A career development theory proposed by Donald Super, which postulates that individuals go through several stages in their career development process.
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