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Consider a Small,remote Town with Only One Employer - a Gold

question 79

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Consider a small,remote town with only one employer - a gold mining company.Suppose the current work force is 875 workers,each of whom is paid $6000 per month.In order to attract one additional worker,the employer must increase the wage to $6025 per month.The marginal cost of this additional worker is


Definitions:

Gap Junctions

Specialized intercellular connections that facilitate the direct transfer of ions and small molecules between the cytoplasm of adjacent cells.

Desmosomes

Cell structures specialized for cell-to-cell adhesion, acting as anchors between cells in tissues that undergo significant stress.

Tight Junctions

Specialized connections between neighboring cells, creating a nearly impermeable barrier to prevent leakage of extracellular fluid across a layer of epithelial cells.

Intercalated Discs

Specialized structures found in cardiac muscle tissue that facilitate the transmission of electrical signals and coordination of muscle contraction.

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