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Suppose a production function is q = K1/2L1/3 and in the short run capital (K) is fixed at 100. If the wage is $10 and the rental rate on capital is $20,the short run marginal cost is
Withdraw
The act of pulling back or removing oneself from a situation, interaction, or engagement.
Hypothalamus
A region of the brain that regulates many bodily functions, including hunger, thirst, temperature, and the release of various hormones.
Survival Drives
Basic, instinctual urges or motivations that drive individuals to fulfill their essential needs, such as food, safety, and reproduction.
Reticular Activating System
A network of neurons located in the brainstem that plays a key role in regulating wakefulness and sleep-wake transitions.
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