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Scenario
In sickle cell disease (SCD) , a mutation in hemoglobin causes deoxygenated hemoglobin to stick together in long chains, which in turn distorts red blood cells into an elongated, sickle (crescent) shape.
-In a person with SCD, where would red blood cells with a sickle shape be LEAST likely to be found?
Marginal Product
The additional output gained by adding one more unit of a specific input, keeping all other inputs constant.
Economic Profit
The profit from an activity or business venture after subtracting both explicit and implicit costs, including opportunity costs.
Rate of Return
The gain or loss of an investment over a specified period, expressed as a percentage of the investment's cost.
Total Costs
The overall expense incurred in the production of goods or services, including both fixed and variable costs.
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