-(Exhibit: Monopsony) Given perfect competition in the factor market, the wage would be:
Definitions:
Protocells
Early, simple, cell-like structures that are considered precursors to true cells, playing a role in theories of the origin of life.
Genome
An organism’s complete set of genetic material.
Hydrothermal Vents
Gaps on the ocean floor releasing warm water abundant in minerals, which foster distinct biological communities.
Orgel and Crick
Scientists known for theories regarding the origin of life, including the notion that life on Earth could have originated from RNA molecules.
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