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Refer to the figure below. The figure shows a simple sponge that lives attached to the ocean floor.The sponge consists of an outer layer of epidermal cells, an inner layer of collar cells and amebocytes, and pore cells that allow water to move from the outside to the inside.The water is propelled by the beating of flagella attached to the collar cells on the inside cavity.Collar cells trap food particles that are digested by the amebocytes.A student claims that a simple sponge could be a model organism used to study how multicellular organisms evolved.Which statement best evaluates this student's claim?
Marginal Wage Cost
The additional cost incurred by hiring one more unit of labor, reflecting the change in total wages from employing an additional worker.
Monopsonistic Labor Market
A market condition where a single buyer (employer) controls the market for labor and determines wages and employment levels.
Labor Demand Data
Information and metrics related to the number of workers employers are willing and able to hire at different wage levels, across various industries or the economy as a whole.
Labor Supply Data
Information regarding the number of individuals available to work, including their skills and wage requirements.
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