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Suppose a certain firm is able to produce 165 units of output per day when 15 workers are hired.The firm is able to produce 176 units of output per day when 16 workers are hired,holding other inputs fixed.The marginal product of the 16th worker is
Hans Selye
A pioneering Hungarian-Canadian endocrinologist known for his research on the stress response and for introducing the concept of "General Adaptation Syndrome".
Physiological Arousal
A state of physical alertness or excitement, which can be triggered by emotions, thoughts, or external stimuli, affecting bodily functions.
Fight-or-flight Response
A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.
Walter Cannon
A physiologist who coined the term "fight or flight" to describe the body's response to stress, and made significant contributions to understanding the autonomic nervous system.
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