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Complete oxidation of glucose by burning in a calorimeter gives a G°´ of -2870 kJ/mol. If we assume this to be the maximum energy that can be extracted from glucose, what is the percent of energy that is captured in a cell given that about 32 ATP can be made from a single molecule of glucose? G°´ for ATP hydrolysis is -30.5 kJ/mol while G for ATP hydrolysis in a cell is about -51 kJ/mol.
Wage Rate
The amount paid to an employee per unit of time (e.g., per hour or year) for their labor.
Production Function
A mathematical model in economics that describes the relationship between inputs and the maximum output of goods or services produced.
Demand Curve
A graph showing the quantity of a good that consumers are willing to buy at different prices, typically downward sloping.
Wage Rate
The compensation paid to employees for their labor, typically expressed as an amount per hour, day, or unit of work.
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